Glad that they paused and quietly hopeful that the top is in. I suspect there might be one or two more rises in there though.
Power increases will start to impact the next monthly CPI figures and unemployment is still low, but there’s still a good few people coming off low fixed rates so it’s hard to know how much the prior increases have made an impact through the economy.
The real question is how long they’ll stay around this rate before dropping. The RBA have a bit of a history of overcorrecting so it could be sooner than people think.
Glad that they paused and quietly hopeful that the top is in. I suspect there might be one or two more rises in there though.
Power increases will start to impact the next monthly CPI figures and unemployment is still low, but there’s still a good few people coming off low fixed rates so it’s hard to know how much the prior increases have made an impact through the economy.
The real question is how long they’ll stay around this rate before dropping. The RBA have a bit of a history of overcorrecting so it could be sooner than people think.