Three major banks now predict RBA rate rise in November
July inflation data has prompted three of Australia's four major bank economists to revise their rate forecasts. CBA's Belinda Allen now predicts a November rate rise.
Why it mattersA rate rise would increase mortgage repayments for millions of Australians and affect what they earn on savings.
AustraliaAustralian mortgage holders and savers face the prospect of higher rates from November, affecting tens of millions of people's finances.
✓ Claims checked against the source and corrected before publish. checked 2 h ago
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