06/07/2022
In the last 63 days to yesterday the 5th of July, the RBA has lifted the cash rate a whopping 125 basis points. That is 1.98 basis points per day.
With further rate hikes expected in the coming months, are we headed for another recession?
Let us know what you think.
https://www.news.com.au/finance/economy/interest-rates/rba-steers-australia-toward-recession-following-cash-rate-hike/news-story/5c5a4212ed02e1ef65d4293171dd76c9