Reserve Bank Reveals March Cash Rate Call

Is this the year for rate rises? The Reserve Bank of Australia (RBA) has released its second interest rate decision for 2022.

The RBA has maintained the cash rate at its record low level of 0.1 per cent.

According to PropTrack senior economist Eleanor Creagh, the decision was to be expected.

Acknowledging that many have brought forward their expectations for the timing of the first cash rate hike, Ms Creagh highlighted that many people are pointing to the possibility of rate hikes as soon as June this year.

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