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Interest rates expected to peak at 3.5 per cent #Interest #rates #expected #peak #cent #englishheadline


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Business reporter Edward Boyd says the expectation from many money markets is that the cash rate will peak at 3.5 per cent in the middle of the year – however, today’s inflation numbers could influence that.

“Economists are currently predicting another 0.25 basis points and potentially another 0.25 after that,” Mr Boyd said.

“The cash rate, last year started at 0.1 per cent, and there were eight rate rises, and some of them were pretty big hits to the economy.”

English Headline

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