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Big four banks unanimous RBA will lift rates next week
Original: Big four banks now unanimous the RBA will lift rates next week | Finance Report | ABC NEWS
Australia's four major banks now all expect the Reserve Bank of Australia to raise interest rates at its next meeting, according to ABC News' finance report. The unanimous forecast marks a shift in market expectations, and borrowers are watching closely as economists debate how far the central bank will go to curb inflation.
Why now: Interest rate decisions affect mortgages and household costs, so a rare unanimous bank forecast ahead of the RBA meeting is drawing wide attention.
Reserve Bank of AustraliaABC NewsCommonwealth BankWestpacNAB
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- Big four banks now unanimous the RBA will lift rates next week | Finance Report | ABC NEWS · ABC News (Australia) · 59.1K
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