National Australia Bank CEO Ross McEwan
Speaking in a local radio interview here in Australia:
- “We’re now starting to see that households are starting to feel the pressure of not just interest rates going up but also power bills, the grocery bills, everything’s moving up,’’
- “That’s why the Reserve Bank has to stem the inflation play that we have at the moment and the tools they have are interest rate rises.
- “So I think we’re in for another at least two, possibly three more interest rate rises over the next six months.”
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Earlier on the RBA:
