I don't think RBA is going to be increasing the cash rate an...
I don't think RBA is going to be increasing the cash rate anytime soon. That will cause a massive uproar. Everyone's struggling enough as it is, with how high the interest rates are in comparison to the last few years.
The RBA wants inflation to get between 2 to 3 per cent before it considers rate cuts but the bank projects that will come in the second half of 2025.
Considering inflation remains well above that target, it's unclear whether the central bank will hike rates to force that number down or if it will wait for government subsidies like the energy rebate and Stage 3 tax cuts to kick in to see if that has any downward pressure on inflation. $ASX 200 (LIST91328.AU)$
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