this post was submitted on 05 Sep 2023
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AusFinance

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Reserve Bank leaves interest rates on hold, but for how much longer? (www.sbs.com.au)
submitted 1 year ago by aquarisces@lemmy.world to c/ausfinance@aussie.zone
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The decision from Australia's central bank will be welcome news for borrowers, but some economists think there's a chance of another rate rise this year.

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[โ€“] Custoslibera@lemmy.world 2 points 1 year ago (1 children)

Really does depend on inflation and whether it stays above the preferred band.

My prediction is an overall rate rise over the next year or two with some potential rate cuts as well.

[โ€“] DavidDoesLemmy@aussie.zone 1 points 1 year ago

I'd guess one more rise then we start dropping again