The Pain is the Plan
Follow The Money
00:00
What Can We Expect From the RBA?
The RBA are predicting that there will be multiple interest rate rises over the next few months. The effect of interest rates takes between three and six months to go through the economy. So it might be that where we are now on interest rates is enough, but the RBA continues to increase it. That increases the risk of a big slowdown. And also, just because the RBA increases interest rates today doesn't mean tomorrow that we see the full effect.
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