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Don’t believe “the market” on Aussie interest rates

June 23, 2022 - 00:05 -- Admin

The latest futures market forecast has the Reserve Bank of Australia (RBA) hiking the official cash rate (OCR) to 3.5% by the end of this year before hitting 4.1% by May 2023: If the market’s projection proved correct, this would lift Australia’s average discount variable mortgage rate to around 7.5% – more than double the

The post Don’t believe “the market” on Aussie interest rates appeared first on MacroBusiness.

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