Interest rates will rise 2% over 20 months - according to survey

Economists from leading financial services companies agree that the RBA will push interest rates back to near pre-GFC levels by the end of 2011.

According to The Australian Financial Review’s quarterly economic survey, published today, most economists believe that the RBA will keep rates on hold in April, but start steadily moving upwards in May until the cash rate reaches around 6% in 2011.