Rate cuts in the US not coming ‘that soon’

Independent Economist Chris Richardson says rate cuts in the US won’t be coming “that soon”. Mr Richardson joined Sky News Australia to discuss inflation and future rate relief. “We’re not the only ones – all around the world, you’re seeing a similar story,” he said. “The US is a great example – inflation has struggled to go down in the last couple of months in the US. “That means their rate cuts – yes, they’ll get them comfortably before ours, but not that soon.”