12/08/2023
Is it time to be a little more optimistic about the future of interest rates? Well Alan Oster, one of Australia’s most respected experts and Chief Economic for NAB certainly thinks so. I took part of a webinar yesterday where Alan gave his opinion on the future of interest rates and the outlook for 2024. I was pleased to hear his prediction of possibly only 1 more rate rise this year, then a levelling out until the 2nd half of 2024 where we could start seeing rate reductions! Wouldn’t that be nice? Only time will tell but no harm in sending out positive vibes while we wait and see……….