‘At least’ two more rate rises likely

GSFM Advisor Stephen Miller says he believes there will be “at least” two more interest rate rises from the Reserve Bank of Australia.

The central bank recently announced it would raise the cash rate by 25 basis points to 3.1 per cent.

“I suspect, if you’re a betting man, you’d want to bet on more after that given what we are now seeing in wages and given, I guess, the resilience in the economy,” Mr Miller told Sky News Australia.