Judo Bank Chief Economic Adviser Warren Hogan explains why the Reserve Bank have gone to a “neutral setting” on rate decisions. Mr Hogan joined Sky News Australia to discuss his predictions for inflation and rate hikes this year. “I think they’ve gone to a neutral setting on the basis that the Fed had moved to a cutting bias with their forecast that the numbers were looking a little bit softer,” he said. “So, they’ve got to go with what the data’s telling them. “Of course, there’s a lot of pressure on them – A, not to be hiking or B, to be cutting if that’s the way they’re moving.”