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Australian Consumers Expect the RBA to Continue Hiking Rates

Por: MarketWatch Business November 14, 2023

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Westpac senior economist Matthew Hassan said the decision by the Reserve Bank of Australia last week to announce its 13th rise in the official cash rate to 4.35% from 4.10% slammed confidence readings. The RBA's November rate hike has put renewed pressure on family finances and reignited concerns about both the rising cost of living and the prospect of further rate rises to come, he said. With the RBA on hold since June, recent months'... + full article



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