Episode #38: Five reasons why the RBA cash rate is likely to peak with a '2' in front of it

As widely expected, this week the Reserve Bank of Australia lifted the cash rate again by 0.5 per cent, taking it to 1.85 per cent. This is more than double the 0.75 per cent rate that applied before the pandemic started. So how high will the cash rate go? In the latest episode of Oliver’s Insights, part of AMP’s Simplifying Investing podcast series, AMP’s Chief Economist, Dr. Shane Oliver, shares his five reasons for why the RBA cash rate is likely to peak with a ‘2’ in front of it. Important information: This podcast is general in nature and hasn’t taken your circumstances into account. It’s important you consider your personal circumstances and speak to a financial adviser before deciding what’s right for you. Any general tax information provided is intended as a guide only. Remember the value of investments may go up or down and you may not get back the amount you invested. The opinions and views featured in this podcast reflect the individual’s own. Date of publication 4 August 2022. AWM Services Pty Ltd ABN 15 139 353 496, AFSL No. 366121, part of the AMP Group.