Reserve Bank leaves interest rates on hold, but for how much longer?
The decision from Australia's central bank will be welcome news for borrowers, but some economists think there's a chance of another rate rise this year.
https://www.sbs.com.au/news/article/reserve-bank-leave-interest-rates-on-hold-at-4-1-per-cent/t066lrd2zOpen linkView original on lemmy.world
2 replies
Really does depend on inflation and whether it stays above the preferred band.
My prediction is an overall rate rise over the next year or two with some potential rate cuts as well.
I'd guess one more rise then we start dropping again