Dr Jon Stanford is FINH's Chief Economist. He is internationally published on many economic matters and writes a monthly article for our e-newsletter. This month he addressed the question of when we are likely to see interest rates start to rise again.
Read on, we would love to get your thoughts....

"One of the Big 4 banks, the NAB, has changed its forecast for interest rates and is tipping the Reserve Bank to move in November (just two months away) to increase its target for the cash rate by 25 basis points. What’s more the NAB expects the Reserve Bank to increase rate by a further 25 basis points in December and in February 2010.

The Reserve Bank has been more bullish about the recovery in the economy than both the government and the IMF. Market watchers have noticed the Reserve Bank’s use of “emergency” levels to refer to current interest rates. The Reserve Bank has concerns....." read the remainder of this one page article here and feel free to post a comment. - http://www.finh.com/news/?p=159

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