RBA expected to lift cash rate to 3.85% as economy runs hotter than forecast: CBA economists
RBA expected to lift cash rate to 3.85% as economy runs hotter tha…
2 weeks ago
commbank.com.au
🚨 RBA has just lifted the official cash rate to 3.85% - the first hike in over two years! This move comes as inflation remains above the RBA’s target and unemployment stays low, meaning the central bank is tightening to help keep prices in check. Here’s what that could mean for Aussie borrowers (and why it’s worth paying attention): 📌 The cash rate influences the interest rates lenders charge - so many home loans may feel the effect over the coming months. 📌 Higher rates make borrowing cost m
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🚨 RBA has just lifted the official cash rate to 3.85% - the first hike in ove…
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Reserve Bank raises interest rates
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