Economist Predicts Further Interest Rate Rises as Inflation Persists =============== #aac29bac ver:0.15 Economist predicts more interest rate rises in Australia as inflation persists. RBA's response to inflation was deemed too timid, leading to the current predicament. Three more rate increases expected this year. RBA's May 7 statement to provide clarity. US economy experiencing slower growth, potential for rate cuts. Bank of Japan may intervene due to inflation. AUD/USD exchange rate could surpass 0.7000. Economist warns of risk if rates not set right. Government urged to remain disciplined in budget. RBA to meet on May 6-7 [f64146c4]. #economy #inflation #interestrates #RBA #USD #AUD... #newstr #InterestRates #Inflation #Economy #MortgageHolders #ReserveBankOfAustralia https://here.news/story/aac29bac?ver=0.15