Commonwealth Bank warns of 40 basis point RBA rate hike on February 7 trends now
Commonwealth Bank warns of a super-sized rate hike next week with inflation at 32-year high Commonwealth Bank fears 40 basis point rate hike Biggest lender said 25 per cent chance February 7
View
comments
The Commonwealth Bank is warning home borrowers to brace for a possible super-sized interest rate hike next week.
Australia's biggest home lender fears the Reserve Bank would raise the cash rate by 0.4 percentage points on February 7 with inflation at a 32-year high of 7.8 per cent.
This would take the RBA cash rate