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RBA Hold Rates AGAIN: Are Rate Rises Finally Over?

Author
Redom Syed
Published
Tue 01 Aug 2023
Episode Link
None

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The Reserve Bank of Australia have taken a 'breath' & kept rates on HOLD for a second consecutive month. 

We go through 5 reasons why:
1. Key economic indicators are tracking BETTER than the last available forecasts by the RBA.
2. The quarterly trimmed mean inflation rate has halved inside a year, from 1.8% to 0.90% prints. 
3. Growth is teetering already. 
4. A retail recession is already here
5. Fixed rates expiries on mass occurring now

Join the fun on YOUTUBE - with our latest channel now out. 
https://www.youtube.com/watch?v=QRKZFXO1L20&t=858s

Reach out to us at www.australianpropertytalk.com.au

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