Markets put pressure on RBA rates policy

16

Herald Sun journalist Caleb Bond says The Australian Financial Review is reporting markets are putting pressure on the Reserve Bank of Australia’s ultra-low interest rate policy as disruptions to global supply chains cause inflation to rise.

“There’s some suggestion that perhaps this might put pressure on the RBA to lift interest rates but I highly doubt they’re going to go down that road … given the way they’ve been carrying on,” he said.