RBA hikes interest rates again, increasing pressure on markets ahead of Federal Budget amid mixed economic signals
The Reserve Bank of Australia has lifted interest rates once again just ahead of next week’s Federal Budget, adding fresh pressure to markets already dealing with rising costs and ongoing uncertainty.
Investors are now reassessing risk as economic signals remain mixed.
Dale Gilham from Wealth Within breaks down the significance of the move, including how markets are reacting to expectations of further rate rises, and what this means for consumer spending, housing sentiment and stock performance.
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