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ASX investors watch out for a rise in interest rates in 2022 – The Motley Fool Australia
The Reserve Bank of Australia might be forced to lift interest rates as soon as next year. This will have an impact on ASX shares.
The Reserve Bank of Australia might be forced to break its promise and lift rates as soon as next year, if credit markets are right.
Interest rate traders are betting that our central bank will increase the cash rate to 0.25 basis points in late 2022 from its record low levels of 0.1% currently.
What’s more, these traders think interest rates will be at least 0.5% the following year, reported the Australian Financial Review.
Interest rate traders playing chicken with the RBA
That runs contrary to…
