Oz Blog News Commentary

Aussie interest rates “higher for longer”

December 6, 2023 - 14:00 -- Admin

On Tuesday, I was interviewed by Sharri Markson from Sky News regarding the Reserve Bank of Australia’s (RBA) decision to keep interest rates on hold at Tuesday’s meeting. In the interview, I explained why I believed that the official cash rate (OCR) has likely peaked, but that inflation would remain “higher for longer” due to

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