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The official cash rate is expected to rise to 2. 35 per cent following today's RBA board meeting, according to major bank economists.
A big four bank has announced that it will increase home loan variable interest rates by 0. 50 per cent per annum for new and existing customers from 21 June. Following the Reserve Bank of Australia
The central bank may hike rates substantially in June to combat rapidly rising inflation, the major bank has said in a new cash rate forecast revision. Bill Evans, the chief economist at Westpac, has
In the eyes of the Fed, inflation is too high and it may need to move more quickly to return monetary policy to a more neutral level. “There is an obvious need to move expeditiously to return the s