‘Forget about it’: Andrew Clennell predicts no rate cut to come this year

Рет қаралды 3,484

Ай бұрын

Sky News Political Editor Andrew Clennell warns Australians should forget about the possibility of a rate cut coming this year after the monthly Consumer Price Index (CPI) indicator rose to 3.6 per cent.
“If you are thinking about a rate cut I really am starting to think more 2025,” Mr Clennell said.
“Treasury are optimistic in their forecast, as the Treasurer needs them to be I think.”

Пікірлер: 33

@lesleyweber4585 Ай бұрын

Stop double taxing on fuel and insurance,Australians are over taxed.

@williamcrossan9333 Ай бұрын

The main issue is house prices.

@alistairjohnson8185 Ай бұрын

Labor re-indexed Fuel, Alcohol and Tobacco taxes - which feed directly into increasing the cost of living. ALL Labor's doing.

@williamcrossan9333 Ай бұрын

Who would have thought supercharged house prices would feed into inflation? Who would have thought that deploying all the capital into pushing up existing house prices would feed into inflation? Well I did! But I'm not on the RBA board, or in government, so I cant do anything about it.

@EdBaileysCCTV Ай бұрын

Andrew Clennell is a Big Albanese lover 😂

@robertcampbell6521 Ай бұрын

We need interest rate increases No decrease as that is what got us into the mess "free money "

@robertmallac8398 Ай бұрын

Just returned from thailand and no inflation, prices have hardly moved since 2019. AUD is up 20% since 2019, so a lot more "boom boom" for my buck.

@johngoogle8635 Ай бұрын

smart savers are realising that getting out of the aud is the best way to save now, the rba and co care only for borrowers, wake up people

@petercassimatis9157 Ай бұрын

Record high levels of immigration is inflationary. Gov has not been serious about tackling inflation. It's what they want. Less small businesses and a swelling public sector.

@jerrywong5960 Ай бұрын

Why does everyone care about the inflation number when Labor doesn't ?

@darrens5731 Ай бұрын

5% by the end of the year

@alistairjohnson8185 Ай бұрын

Andrew Clennell exposing his Labor bias again.

@tomjones5338 Ай бұрын

10% inflation next year

@Turner-Be-Thy-Real-Name Ай бұрын

That may be what they will be willing to admit.

@kerrybarnes7289 Ай бұрын

its already 10%

@johnh6055 Ай бұрын

we need deflation and deleveraging

@davidcarter4247 Ай бұрын

When inflation was lower than expected, Albanese crowed it was all down to his policies. Will he now say the higher than expected inflation rate is his fault. No. And the press gallery shield will blame the previous government.