Month: November 2022

CBA’s surprise RBA interest rate call: ‘One more hike then hold’

The Commonwealth Bank of Australia (CBA) thinks the Reserve Bank (RBA) will stop hiking interest rates much sooner than expected. CBA economist Kristina Clifton said the RBA would hike rates again next month by 0.25 per cent – taking the official interest rate to 3.1 per cent – and then hold. Clifton said CBA was expecting Aussies …

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