Big banks predict four or five interest rate rises in next six months - Sydney Morning Herald

Every major bank believes interest rates will start going up just weeks after next month’s election. For 1 million people, it would be their first rate rise.

Westpac and Commonwealth Bank are predicting five RBA rate rises in the next six months, while NAB and ANZ are predicting four rises. After the bank dropped any mention of taking a patient attitude … [+3402 chars]

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