RBA Rate Shock: Big Four Banks Bet on Hike Next Week – Your Wallet’s Next Hit?
Australia’s economy is bracing for another twist as three of the Big Four banks now predict the Reserve Bank of Australia (RBA) will raise interest rates next week. This comes hot on the heels of February’s hike, with stubborn inflation refusing to back down despite global turbulence. Economists at National Australia Bank (NAB), Westpac, and ANZ have flipped their scripts, forecasting a 25-basis-point increase to … Read more