Judo Bank boss Warren Hogan declares Reserve Bank will hike interest rates three times this year -

Daily Mail— The Judo Bank is now forecasting the Reserve Bank will raise interest rates three times in 2024. This would see borrowers paying the highest rates in almost 16 years.

WSTPost—Judo Bank boss Warren Hogan says the Reserve Bank will raise interest rates three times this year – and he was right about 2023. Judo Bank now predicts the Reserve Bank will raise interest rates three times in 2024 to levels not seen in 16 years - increasing the average mortgage repayment by $300 a month.The bank's chief economic adviser, Warren Hogan, forecast the key interest rate will rise to 5.1 percent by Christmas, from a 12-year high of 4.35 percent. Rate hikes in August, September and November this year would see the Reserve Bank of Australia's key interest rate reach levels last seen in December 2008 during the...

Morningstar—When Will the Bank of Canada Start Cutting Interest Rates?. Canadian investors and borrowers are on the edge of their seats as they wait for Tiff Macklem and the Bank of Canada to finally cut interest...

Economy Middle East—US Federal Reserve, UAE Central Bank keep interest rates unchanged. The UAE Central Bank (CBUAE) kept interest rates unchanged on Wednesday after the US Federal Reserve held interest rates steady citing “lack of further progress” on inflation. The CBUAE has decided to maintain the base rate applicable to the overnight deposit facility (ODF) at 5.40 percent. “The CBUAE has also decided to maintain the interest rate applicable to borrowing short-term liquidity at 50 basis points above the base rate for all standing credit facilities,” the central bank said. ...