this post was submitted on 03 Jul 2023
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What are we expecting for tomorrow's RBA meeting? (aussie.zone)
submitted 2 years ago by [email protected] to c/[email protected]
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Another rate rise in the works? Or will they hold steady?

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[–] [email protected] 6 points 2 years ago

The RBA have not been gradual at all in their hiking of rates, and because inflation has stayed stubbornly high, I would say their is a high likelyhood of a rate rise to 4.35%. If not tomorrow, August. House prices went up this month!

In the Fin Review today some economist would are expecting several more rate rises, considering how steadfast the governor is on inflation at pegging it back down to 2.5%. If the government is adamant on stage 3 tax cuts though, who knows.