There’s a lot more ‘pain ahead for economies’

Evans and Partners Chief Investment Officer Tim Rocks says he thinks there’s a lot more pain ahead for economies.

“People are forgetting that the lags of monetary policy are long,” he told Sky News Business Reporter Edward Boyd.

“It’ll take a full year, I think, for the full effects of these rate rises to play through, and there’ll be a reasonably large impact on earnings, on employment still to come.”

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