Banks, market to crash Aussie house prices 25-30% - MacroBusiness
7/24/2022 12:00:00 AM2 years 9 months ago
by Unconventional Economist
by Unconventional Economist
On Friday, Westpac joined ANZ in raising its official cash rate (OCR) forecast to 3.35% by February 2023. This means Westpac expects the Reserve Bank of Australia (RBA) to hike the OCR by another 2.0% over the next seven months. It would also mean the OCR wil…
On Friday, Westpac joined ANZ in raising its official cash rate (OCR) forecast to 3.35% by February 2023. This means Westpac expects the Reserve Bank of Australia (RBA) to hike the OCR by another 2.… [+2317 chars]
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