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1.Market Observations, 2.Economic forecasts, 8.Was Sticky

17 July 2017 (AFR) – Deloitte says rates won’t rise until 2018 amid ‘powder keg’ property market

(17 July 2017, AFR, p3, by Joanna Mather)

‘Interest rates won’t rise until 2018 and even then increases will be slow and moderate because the Reserve Bank of Australia fears igniting the housing “powder keg”, Deloitte Access Economics says. The firm’s latest business outlook acknowledges global momentum to lift rates but insists it will be some time yet before the RBA is comfortable enough to act here.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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