Alan Kohler: Economists disagree on where interest rates are heading – shock

As for what comes next for interest rates, economists are all over the place, writes Alan Kohler. Photo: TND

Australia’s assembled economists were agreed on Tuesday that the cash rate would be raised by 0.25 per cent, but as for what comes next, they’re all over the place.

In fact, it’s hard to recall a time when the interest rate forecasts of economists were as widely, and wildly, different as they are now.