Mmastodon BusinessPersonal Finance first seen 7 h ago, last 30 min ago, peak #3
RBA rate rise all but certain, question is how many more
Original: A rate rise tomorrow is all but locked in. How many more might there be? By Michael Janda and Alison Branley The Reserve
The Reserve Bank of Australia meets on Tuesday for the sixth time this year, with economists and financial markets near-certain it will lift interest rates again. The debate now centres on how many further increases could follow as the bank works to curb inflation, with households watching borrowing costs climb.
Why now: The RBA's board meeting and an expected rate rise are happening now, prompting debate over the outlook for further increases.
Reserve Bank of AustraliaMichael JandaAlison Branley
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