Transcript

Ryan Bridge: We can't bash the Reserve Bank · Early Edition with Ryan Bridge

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Speaker 1: The rbian's edits decided to hike now. They'll probably do
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Speaker 1: another one in September, assuming Trump cease firepoolls is just that,
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Speaker 1: and beyond September it was pretty much anyone's guess. One
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Speaker 1: argument is that they'll hike in September, hold in October
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Speaker 1: ahead of the election in November, even though they shouldn't
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Speaker 1: worry about it, and then stick their finger in the
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Speaker 1: air for December. Either way, we're heading towards either two
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Speaker 1: point seventy five or three percent by Christmas. For them
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Speaker 1: to come out and say we're hiking now because the
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Speaker 1: economy is on the up plus a bit of war
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Speaker 1: pricing potential, that's a lot easier to stomach than that
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Speaker 1: we're hiking now even though there's no growth. Welcome to
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Speaker 1: Stagflation Nation. For more from Early Edition with Ryan Bridge,
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Speaker 1: listen live to News Talk Set B from five am weekdays,
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Speaker 1: or follow the podcast on iHeartRadio.