RBA rate hikes squeeze household spending
Two major banks have joined the chorus, tipping that the Reserve Bank of Australia (RBA) will raise the official cash rate at next Tuesday’s monetary policy meeting. Australia’s largest bank, CBA, wrote on Monday that “we now expect the RBA to hike in September, a meeting earlier than our previous November call. The risk sits The post RBA rate hikes squeeze household spending appeared first on…
We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.
