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Mailbag: incl. Regrets, we've had a few! January 29, 2023

Motley Fool Money

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Is There a Higher Chance of More Interest Rate Increases?

In real time, or maybe that's fake time here, inflation came in at 7.8%. More than the market expected list in the RBA was forecasting. So what is probably a higher chance of more interest rate increases? Yeah. It's an incredibly tough job to distill an entire economy's prices to one figure. What you spend your money on will be different to what I spend my money on - and so it's all average. We'll cut the forecasters some slack, but it's, geez, it's a high pace.

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