Inflation data fuels rate fears!

Well, what this information means is that the price of goods and services has increased well above what the Reserve Bank of Australia had predicted / wanted. So the easier way (well not really) to manage the Australian economy will be to, well you guessed it, increase the interest rate.

Now the interesting point is that with the Federal Election just around the corner the probability of a rise in interest rate is small.

Well, what do you think? Please give your comments below.

 (Please keep in mind, this is only our view and do your own intelligent research before making any financial decision!)