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When will interest rates rise? – Yahoo Finance Australia
As Australia’s economy continues to look positive, will the RBA be forced to review its stance on interest rate hikes?
Tomorrow we will look at whether now is your last chance to secure ultra-low interest rates. Sign up to our newsletter here to get it straight to your inbox.
The Reserve Bank of Australia has said that it will not raise official interest rates until at least 2024, when it expects the economy to be running at full employment, with solid wages growth and inflation entrenched in the 2 to 3 per cent target range.
This expectation captures the extent of the decade long period of weak growth and high…
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