at its past two previous meetings, taking the official cash rate to 0.85 per cent from 0.1 per cent. Financial markets expect the bank to take the cash rate to almost 3 per cent by year’s end.
“The level of interest rates is still very low for an economy with low unemployment and that is experiencing high inflation.” “Given these various considerations, we will be watching household spending carefully as we chart our way back to 2 to 3 per cent inflation.”
Source: Loan Digest (loandigest.net)
swrighteconomy youknewthiswascombing justfollowfed nohikestill2024lol
swrighteconomy home buyers only?
swrighteconomy It seems everyone is out to get Mr. Average.
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