There was always going to be an interest rate rise ‘this year’: Bond

Sky Information contributor Caleb Bond says the truth is sooner or later this yr, “there was going to be an interest rate rise,” as market economists predict an RBA charge hike subsequent week.

“That was going to happen whether we had a Labor government or a Liberal government,” he advised Sky Information host Jenna Clarke.

“What has happened over the last two years is the government has pumped a shedload of money into the economy and low and behold people have gone and spent that money.

“We should’ve known … that always leads to some level of inflation.”

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