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Australians should prepare for potential interest rate hikes as RBA aims to tackle inflation amidst economic pressures.
Australians are being urged to prepare for higher interest rates next year, with both Commonwealth Bank and NAB signaling the RBA could raise rates as early as February to keep inflation in check. The move comes as inflation trends continue to put pressure on economic policy decisions.
In an interview with Chris Weston from Pepperstone, we explore what “trend growth” means for everyday Australians and how stronger private demand could influence the economy. He also breaks down the risks that might trigger a larger-than-expected rate hike.
For borrowers and savers, these potential changes could have significant implications. NAB is already advising clients on strategies to navigate the forecasted 2026 rates. Stay informed and learn how to prepare financially for the coming year.
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