RBA's Interest Rate Decision: Impact on Inflation and Housing Market
Автор: Infinity Box
Загружено: 2025-11-03
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The Reserve Bank of Australia (RBA) has decided to hold the official interest rate at 3.6%. This decision comes after a surprising jump in inflation, which is expected to rise further in 2026. In this video, we'll dive into the RBA's statement and its implications.
The RBA's monetary policy board kept the cash rate unchanged, despite economists' expectations. The central bank's previous rate cuts have fueled house price increases, and now rents and service fees are also set to rise.
Core inflation has reached the top of the RBA's preferred range, and updated forecasts indicate a surge in inflation by mid-2026. We'll explore how this decision impacts the economy and the potential consequences for mortgage holders and consumers.
Join us as we break down the RBA's latest move and its potential effects on the Australian economy and your finances.
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