The market thinks rates are about to go up because of inflation. The market could be wrong
The Guardian -

Why not take Australia’s Reserve Bank at its word? It will hold fire on interest rate rises until there’s higher wages growth

The latest Australian inflation figures showing strong prices growth in the past six months have once again put interest rate rises into the frame. A rate rise during a May election campaign is raised as a possibility, but the Reserve Bank might be a lot less willing to move than speculators believe.

This year, inflation has been all the economic rage. In America,...

Read this story at

Loading...

Related Articles