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The New Daily
The New Daily
Business
Matthew Elmas

‘Line ball’: Experts split as RBA mulls pivotal interest rates call amid rising mortgage stress

The Reserve Bank is preparing to make a pivotal interest rates call this week and experts are split on what it will be. Photo: AAP

Experts are split on whether the Reserve Bank will return to hiking interest rates at its May meeting this week after recent data showed annual inflation has now peaked and is slowing.

Tuesday will mark a year since the RBA began raising interest rates from a record-low 0.1 per cent to a decade-high 3.6 per cent in an effort to slow the economy and curb rising prices.

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