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AAP

Politics

Poppy Johnston

Rate rises tipped to slow in coming months

RBA Angus Taylor Jim Chalmers Inflation

Borrowers can expect to be shelling out more for repayments after the RBA's board meeting. (Alan Porritt/AAP PHOTOS) (AAP)

One last oversized rate rise is broadly expected before the central bank is tipped to start winding its policy tightening back.

Since May, the Reserve Bank of Australia has hiked interest rates aggressively from record low levels to 2.35 per cent in a bid to tame inflation.

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