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Could there be another rate hike? Watch out for these signs

KEY POINTS
  • The RBA voted to keep the cash rate unchanged at 4.10 per cent.
  • Treasurer Jim Chalmers said Australians would be breathing a sigh of relief.
  • It follows the relative easing of inflation data.
Borrowers have been given another reprieve after the Reserve Bank of Australia (RBA) left the nation’s official interest rate on hold for a second straight month, but the central bank’s governor has left the door open to further rate hikes.
The RBA board decided on Tuesday to leave the cash rate target at 4.10 per cent amid — although RBA governor Philip Lowe warned it is “still too…

Read more on sbs.com.au

About bourbiza

Bourbiza Mohamed is an award-winning travel journalist who has been writing about her adventures around the world for over a decade. With a passion for exploring new cultures and experiencing different ways of life, Bourbiza Mohamed has traveled to over 107 countries across six continents and has documented her journeys in numerous publications. Bourbiza Mohamed writing is known for its vivid descriptions and personal anecdotes, which transport readers to the destinations she writes about. Her articles cover a wide range of topics, from off-the-beaten-path adventures to luxury travel experiences, and she has a particular interest in sustainable tourism and responsible travel. In addition to her writing, Bourbiza Mohamed is also an accomplished photographer, capturing stunning images of the people, landscapes, and wildlife she encounters on her travels. Her photos have been featured in publications such as National Geographic, Lonely Planet, and Conde Nast Traveler.

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