Interest rate expectations change; National support grows – iPredict

The latest report from Victoria University's political marketplace, iPredict, says expectations of interest rate hikes have eased slightly, with the market pricing a more gradual lift in official rates through to December.

While an initial hike on March 13 is almost a certainty with 94.7% in favour, iPredict punters are factoring in a less aggressive cycle from the Reserve Bank this calendar year than they were last week.

 

Want to read more?

Choose a Subscription type that's right for you HERE
Already have an account? Login