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It is the question on everyone's lips, when will the rate rises stop?
The RBA has lifted the cash rate to fresh heights of 3.35% and is showing no sign of stopping. Mortgage holders and investors are feeling the repayment crunch and the economy has slowed dramatically. But there is more at play here than meets the eye. People are spending less and inflation is expected to fall this year. So why are more rate rises predicted on the horizon?
Tune in to this week's episode to find out why the RBA will keep lifting rates and the factors that need to budge to make it stop.
By Ulrika LoboIt is the question on everyone's lips, when will the rate rises stop?
The RBA has lifted the cash rate to fresh heights of 3.35% and is showing no sign of stopping. Mortgage holders and investors are feeling the repayment crunch and the economy has slowed dramatically. But there is more at play here than meets the eye. People are spending less and inflation is expected to fall this year. So why are more rate rises predicted on the horizon?
Tune in to this week's episode to find out why the RBA will keep lifting rates and the factors that need to budge to make it stop.