Interest rates: RBA expected to raise rates in February as inflation soars
A prominent economist has warned Wednesday’s rise in inflation would likely see the Reserve Bank of Australia lift its cash rate on February 7. Increasing for the fourth consecutive quarter, the Consumer Price Index (CPI) saw a year-on-year increase of 7.8 per cent, the highest annual increase since 1990. Chief Economist for Betashares, David Bassanese … Read more