Reserve Bank set to raise rates after high inflation figures

By David Olsen · 29 April 2010 · Cashflow

Rate Hike Looms: What's Next for Your Wallet?

The Reserve Bank is set to make a crucial decision next week, but will it be a boost or a blow to your finances? Find out what's at stake and how it could impact your cash flow.

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Summary

The Reserve Bank is likely to increase rates for the sixth time in seven months at its monthly board meeting next Tuesday analysts predict, after inflation data came in higher than expected.

Tags: Credit Suisse, Inflation, Interest Rates, Mortgage Broker, Reserve Bank, St George