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▶youtube BusinessBanking first seen 3 d ago, last 39 min ago, peak #6

November RBA rate hike odds rise after deputy governor remarks

Original: Odds of November rate hike higher after RBA deputy speaks at investment event | ABC NEWS

The Reserve Bank of Australia's deputy governor has signalled at an investment event that another interest rate rise in November is more likely, according to ABC News. Markets and borrowers are recalculating the odds of a hike following the remarks. Homeowners and businesses are watching closely as the central bank weighs further action against persistent inflation.

Why now: Australian borrowers and investors are reacting to comments from the RBA deputy governor that point to a possible rate rise in November.

Reserve Bank of AustraliaRBA deputy governorABC NewsAustralia

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