The RBA’s decision to raise rates today was a balance between fighting inflation and maintaining credibility. Particularly for a new governor. We had been warned by the RBA for the past few months that decisions would be data dependant and that data over recent weeks has been pointing in one direction — sticky inflation.
Australian property market outlook 2024
The RBA’s decision to raise rates today was a balance between fighting inflation and maintaining credibility. Particularly for a new governor. We had been warned by the RBA for the past few months that decisions would be data dependant and that data over recent weeks has been pointing in one direction — sticky inflation.