With US Federal Reserve gearing up for another 75 point raise which would bring rate to 3.00% to 3.25%, after new labour market statistics.
Its clear as day RBA will raise rates well above 3% as the job market and inflation continues to run hot.
Lord King Former Governor of Bank of England nailed it when he said just because the Central Banks of the world have an inflation target, saying what you want and it becoming a reality are two different things.
With Central Bank Stimulus Programmes tapped out and interest rates rising, clear a Recession is coming and house price falls will accelerate.
