Published on
Oct 3, 2024
IMF says Australia’s high interest rates are ‘essential’ – and may rise again
The Reserve Bank’s reluctance to lower interest rates was “appropriate”, the IMF said, as inflation remained elevated, especially in sectors such as rents, new dwellings and insurance. The RBA has kept interest rates on hold at 4.35 per cent since November …
Source:
The Sydney Morning Herald
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