The Switzer Report Founder Peter Switzer says it is a big week for “interest rate worriers” as the March inflation figures are set to release on Wednesday.
“It’s a really big week for interest rate worriers and also for the Reserve bank Governor Phil Lowe because inflation comes out on Wednesday and it’s both the monthly number, and the last number we got was a really good one, it dropped to 6.8 per cent and then we also get the quarterly March number, so that’s January, February, March and that was 7.8 per cent,” Mr Switzer told Sky News Australia.
“In a perfect world … you want to see a number below seven on the quarterly figure and something early in the low sixes for the monthly number.”
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