✉news BusinessReal Estate first seen 20 h ago, last 5 h ago, peak #5
Australia's Central Bank Tipped for Another Rate Hike
Original: Australia’s Reserve Bank Tipped to Hike Rates Again As Inflation Remains Stubborn
The Reserve Bank of Australia is widely expected to raise interest rates again as inflation in the country remains stubbornly high. Economists are watching to see whether the central bank will tighten policy further, a move with significant implications for Australian mortgage holders, households and the property market, where borrowing costs have already risen sharply over the past cycle.
Why now: Markets and borrowers are awaiting a central bank decision amid persistent inflation
Reserve Bank of AustraliaAustralia
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