It would be sensible to pull up a chart of the historical interest rates and expect the real possibility that interest rates could remain around the 5% range for 10-20 years, as they did in the 1990s and 2000s when inflation was in the 2-3% target range. https://tradingeconomics.com/australia/interest-rate
It would be sensible to pull up a chart of the historical interest rates and expect the real possibility that interest rates could remain around the 5% range for 10-20 years, as they did in the 1990s and 2000s when inflation was in the 2-3% target range.
https://tradingeconomics.com/australia/interest-rate