18 February 2022 Posted In: Uncategorized

Business News

Leading independent economist Jonathan Pain says he expects at least four interest rate rises within this calendar year, as monetary policy normalises.

Speaking at an Urban Development Institute of Australia WA event today, the JP consulting director said central banks around the world had injected $32 trillion of monetary and fiscal stimulus in the past two years.

He described the pandemic as creating “remarkably unprecedented economic conditions”.

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