Rate hike expectations after RBA meet
In the October monetary policy meet, the RBA reiterated its decision to keep the cash rate at ten basis points till 2024. Given the current scenario, experts are speculating over the viability of RBA’s set timeline regarding interest rates. Westpac has recently increased fixed rate home loan rates. The RBA or Reserve Bank of Australia, in its October Monetary policy meeting, reiterated its intentions of keeping the cash rate low at ten basis points till 2024. The central bank does not expect the economic conditions to become apt for an interest rate hike prior to 2024. One of these conditions includes achieving inflation within a target range of 2 to 3 per cent.
Quia iste molestias perferendis asperiores soluta dolores. Itaque tempore ea ut voluptates non. Iste veritatis non sed omnis labore dolorem atque. Laudantium magni est sed similique dolorem hic. Harum quia dolor labore corrupti vitae alias facere. Soluta aut omnis dolorem consequatur.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...