- October 21, 2020
- Posted by: Rogers Property Group
- Categories: Latest News, Property Investment
The governor of the RBA announced that the RBA would not be raising the cash rate for at least 3 years.
“We do not expect to be increasing the cash rate for at least three years,” he advised in a speech dubbed “The Recovery”
He is hoping to get inflation back between the RBA guidelines of between 2 – 3%. “”The Board will not be increasing the cash rate until actual inflation is sustainably within the target range.”