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The RBA could try to sneak another interest rate in before the federal budget, some economists say – Business Insider Australia
Interest rates may not have hit 0% per se, but they look like they could come damn close.
- Four in ten economists expect interest rates to fall to 0.10% in the next two months, a Finder survey has found.
- The majority of those expect the Reserve Bank of Australia (RBA) will wait until November to see what the Australian government has in its federal budget due to be handed down on Tuesday.
- However, even those who believe the RBA will cut say the impact of doing so will be minimal.
- Visit Business Insider Australia’s homepage for more stories.
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