Interest rates likely to rise in 2022

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Interest rates could begin to rise in the coming months after inflation in the December quarter exceeded expectations.

The Reserve Bank has been forced to rethink its economic stimulus after the Consumer Price Index rose by 1.3 per cent in December, up from a 0.

8 per cent rise in the previous quarter.The Reserve Bank, which is meeting next Tuesday, is expected to concede an interest rates rise is likely later this year.

 

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They calling an early election ? 😂😂😂

Interest rate rise housing market will be hit hard i see more pain to come soon either way some tuff times ahead inflation rising central bankers are in some trouble to get the right balance. Some issues still remain, energy-defence-ports-water-food-fuel Security

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