economy Sydney, Australia
Ian Harper says another RBA rate hike this year is plausible
4.6%
The Reserve Bank of Australia’s cash rate reached 4.6% after its September meeting.
Former Reserve Bank of Australia board member Ian Harper said another interest rate increase before the end of the year was plausible, though not necessarily likely. He also discussed changes to the bank’s board processes and voting disclosures.
1 sourceabc.net.auUpdated
Claims
Support what holds up. Dispute what doesn't.
AllegedIan Harper said the Reserve Bank of Australia could raise interest rates again before the end of the year.
“The bank moving again before the end of the year is plausible”
- 4.6%
The Reserve Bank of Australia’s cash rate reached 4.6% after its September meeting.
“The cash rate was subsequently increased at the bank's September meeting to a 15-year high of 4.6 per cent.”
The Reserve Bank of Australia’s interest-rate decision meetings now run over two days.
“the meetings now run over two days”