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Prospective property buyers are concerned about the possibility of another interest rate hike in the near future, which could dampen
The Reserve Bank of Australia is growing more confident it can conquer inflation in the time-window it has given itself.
The number of stressed Australians opting to refinance their mortgage remains near record levels, but millions more are being urged
A major economics firm says the Reserve Bank has gone too far in raising interest rates and has forecast a “consumer recession” as Australians struggle with soaring payments. A Deloitte … Continued
The post ‘Unnecessary’ rate hikes to trigger ‘consumer recession’: Report appeared first on The New Daily.
Australians are spending less time at the shops as sky high inflation and rapidly rising interest rates eat into family budgets. But experts are unsure whether the pullback is enough … Continued
The post 50-50: RBA mulls rate hike as retail sales slow appeared first on The New Daily.
Australian mortgage holders might finally be in for a reprieve on interest rates, with the Reserve Bank indicating it will consider a pause in hikes at its next meeting. Minutes … Continued
The post RBA hints at rates pause amid ‘economic uncertainty’ appeared first on The New Daily.
Three days after Federal Reserve chairman Jerome Powell told Congress they might have to increase the pace of rate hikes (from 0.25 per cent to 0.5 per cent), and commentators … Continued
The post Alan Kohler: The Fed broke something, so the rate hikes are finished appeared first on The New Daily.
The Reserve Bank is tipped to hike interest rates for the 10th time in succession and inflict further pain on already-stretched Australian households. The central bank will make a decision … Continued
The post Another rate hike expected to fight stubborn inflation appeared first on The New Daily.
Millions of Australian home owners are facing yet another rise in their mortgage bills, with the Reserve Bank widely expected to raise interest rates again on Tuesday. About $832 has … Continued
The post Mortgage squeeze to worsen as RBA prepares rate hike amid refinancing binge appeared first on The New Daily.
LondonCNN Business — The Bank of England raised interest rates by three quarters of a percentage point on Thursday, the biggest hike in 33 years, as it tries to contain soaring inflation even as the UK economy slides towards a recession that could last two years. The central bank made its eighth interest rate hike in less than a year, taking its …
The post Bank of England sets biggest rate hike in 33 years and warns of a long recession appeared first on Egypt Independent.
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