Commenting on Tuesday’s rate call, Harley Dale, chief economist at CreditorWatch, predicted that conjecture regarding a rate rise will intensify as we move throughout the year.
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RBA makes first cash rate call for 2022
In the first interest rate decision from the Reserve Bank of Australia (RBA) for 2022, the board decided to hold the official cash rate at a record low 0.1 per cent - a rate that has remained unchanged since November 2020.
