Government ‘caught by surprise’ by the ‘shift in the narrative’ towards more rate rises
EQ Economics Managing Director Warren Hogan says the government has been “caught by surprise” by the shift in the narrative towards more rate rises.
Government ‘caught by surprise’ by the ‘shift in the narrative’ towards more rate rises
“The Treasurer’s been quite active in the last few days,” Mr Hogan told Sky News Australia.
“I think that’s because they’ve been caught by surprise by the … shift in the narrative towards more rate hikes and this inflation being stickier.
“I think they are going to be spending a bit next week.”
This comes as Treasurer Jim Chalmers prepares to hand down the federal budget next week.