Editor
More rate rises on the way and house prices could fall by 10%, RBA boss says
Peter Hannam
RBA’s Lowe goes back to talk about the interest rate outlook, and says it’s likely the board’s meeting in October will discuss either a 25 or 50 basis point cash rate rise (eg to 2.6% or 2.85%).
In other words, October’s likely to have another rate rise for a sixth meeting in as many months. (It’s not risen so consistently before.)
Still, it’s “getting closer” to the point when it’s no…
