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RBA interest rates: Reserve Bank of Australia leaves official cash rate steady at 4.1% (www.theguardian.com)
submitted 1 year ago by Mountaineer@lemmy.world to c/australia@aussie.zone
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[-] morry040@kbin.social 3 points 1 year ago

It would be sensible to pull up a chart of the historical interest rates and expect the real possibility that interest rates could remain around the 5% range for 10-20 years, as they did in the 1990s and 2000s when inflation was in the 2-3% target range.
https://tradingeconomics.com/australia/interest-rate

this post was submitted on 04 Jul 2023
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