Grim prediction for interest rates - news.com.au

6/1/2022 12:00:00 AM2 years 11 months ago
by Alex Druce

<p>Overheated wages and spending data has convinced ANZ economists next week’s interest rate rise will be far stronger than initially forecast, with the lender now expecting the Reserve Bank to add 40 basis points instead of 25. </p>

Aussie homeowners have been warned to brace for more interest rate pain, with economists at one major bank making a big prediction.Overheated wages and spending data has convinced ANZ economists next… [+4334 chars]

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Grim prediction for interest rates - news.com.au

<p>Overheated wages and spending data has convinced ANZ economists next week&rsquo;s interest rate rise will be far stronger than initially forecast, with the lender now expecting the Reserve Bank to add 40 basis points instead of 25. </p>

<p>Overheated wages and spending data has convinced ANZ economists next week’s interest rate rise will be far stronger than initially forecast, with the lender now expecting the Reserve Bank to add 40 basis points instead of 25. </p>