Inflation ‘may not come down’ as quickly as RBA wants warns economic expert

Inflation may not come down as quickly as the RBA would like, says Judo Bank Chief Economic Advisor Warren Hogan.

It comes ahead of the latest monthly inflation rate for January which will be published on Wednesday and is surprisingly expected to increase.

“I’m seeing more risks that inflation may not come down as the RBA desires,” Mr Hogan told Sky News Business Editor Ross Greenwood.

“They already have the slowest return to target of any central bank in the world.

“They themselves have said they have no room for that happening more slowly.”