Real estate investors have taken a backwards step on the sector Tuesday, as the Reserve Bank minutes show the cash rate could be hiked again.
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The Reserve Bank has released the minutes from its June board meeting where it considered another rate hike. The discussion shows some storm clouds for homeowners.
Real estate investors have taken a backwards step on the sector Tuesday, as the Reserve Bank minutes show the cash rate could be hiked again.
The minutes from the June interest rate meeting are expected to show a discussion of a hike as well as holding rates steady.
The ASX200 fell 0.4 per cent after Reserve Bank minutes indicated that a central bank's August meeting would be "live," with a chance for a rate hike.
Australian consumer sentiment is still firmly in deeply pessimistic territory despite a slight recovery in June, reflecting concerns still-high...
The official interest rate has remained unchanged at 4.35 per cent following the Reserve Bank of Australia’s (RBA) board meeting this month.
A higher-than-expected inflation rate of 4 per cent for May has raised expectations the Reserve Bank will have to raise rates at its next meeting.
https://zetatalk.com/newsletr/issue929.htmhttps://x.com/ZT_Followers/status/1806905904677495282**************************** Bibi’s MindBibi...
ASB is the latest local bank to bring forward its forecast of a Reserve Bank rate cut, picking it could come as soon as November.
A 14th cash rate hike is once again on the table, after the monthly inflation rose to 4 per cent in May. The post Inflation jump could spark interest...
The Reserve Bank is supposed to have a handle on how the economy will perform over the next two years. Its minutes show it doesn’t.