- Judo Bank predicting three rate rises in 2024
The Judo bank is now forecasting the Reserve Bank will raise interest rates three times in 2024.
The bank’s chief economic adviser Warren Hogan predicts the cash rate will climb to 5.1 per cent by Christmas, up from an existing 12-year high of 4.35 per cent.
Until Wednesday, the likes of the Commonwealth Bank were forecasting three rate cuts in 2024.
The Judo bank is now forecasting the Reserve Bank will raise interest rates three times in 2024.
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