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If the RBA’s right, interest rates may not fall for another year. Here’s why – and what it means for next week’s budget
Source: Buzz FX / 07 May 2024 04:17:22 America/New_York
The Reserve Bank is now assuming Australians will see no interest rate cuts this year – and quite possibly none before the next federal election, due next May.
That’s a big change compared to just three months ago.
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