Will Interest Rates Go Down In 2024 Australia
Will Interest Rates Go Down In 2024 Australia. Will interest rates ever go down, and when will it happen? What will it take for interest rates to go down?
Inflation rises slightly in april to 3.6pc but economists say that should ring ‘alarm bells’ for rba. In its battle to tame rocketing inflation, which topped out near 8% in december 2022, the reserve bank of australia (rba) has raised the official interest rate from a rock bottom.