At the time of publishing, the current interest rate forecast for 2024 from the big four banks is that interest rates will remain stable for the majority of the year,. If you’re looking for the light at the end of the home loan rate hike tunnel, don’t.
Anz suggests interest rates will end the year at 4.1 per cent, but the nab forecast again paints the bleakest picture for aussie mortgage holders, with the bank forecasting the. The reserve bank sets the target ‘cash rate’, which is the market interest rate on overnight funds.
It Comes As The Rba Is Expected To Keep The Cash Rate At 4.35 Per Cent When It Meets This Week, With An Upwards Bias To Its Inflation Outlook.
One in three experts surveyed by finder believed the rba would cut interest rates by at least august this year.
Will Interest Rates Go Up Or Down?
Economist stephen koukoulas explains the key factors driving the rba’s considerations.
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Australians Will Need To Wait To Find Out How Their Interest Rates Might Change In March, With The Reserve Bank Set To Be Unusually Silent This Week Under Its New Plan.
After 13 cash rate rises inflation is finally slowing.
The Annual Rate Of Inflation Has Ticked Up Slightly In April To 3.6 Per Cent, From 3.5 Per.
