Finding the crunch point – RBA raising rates? What?
In our recent communications, we have suggested that the RBA, while it can reduce interest rates and mortgage costs through 2024, could benefit significantly by following the rest of the world’s lead in reducing rates. This approach would result in a longer pause at current rate levels, particularly in the face of higher or persistent domestic inflation.
Read as our CIO explains how interest rate increases can disproportionately affect different segments of the economy.