Government expecting ‘at least’ another 0.25 per cent rate rise #Government #expecting #cent #rate #rise #englishheadline

Englishheadline Political Editor Andrew Clennell says the government is expecting at least another 0.25 per cent interest rate rise tomorrow, potentially higher.

“We know the economist Warren Hogan is arguing the Reserve Bank needs to go bigger now, maybe 0.4, to save the pain later,” Mr Clennell said.

“I think from the government’s point of view, they think Warren Hogan has ignored softer retail figures and jobs growth slowing.

“That’s going to be the number one issue this week for most people.”