ASX up despite fresh rate hike fears
The Aussie sharemarket shrugged off fears that interest rates could climb higher before the year’s end to finish in the green.
The Aussie sharemarket shrugged off fears that interest rates could climb higher before the year’s end to finish in the green.
Despite ultimately keeping rates on hold, new RBA governor Michele Bullock considered another hike to the cash rate in early October.
The Reserve Bank has revealed a grim statistic showing the pain Aussie households are facing in paying their mortgages, after a punishing 12 rate hikes.
China’s debt-ridden property sector and high interest rates across the globe point to bad news for the Aussie economy, the IMF has warned.
CREDIT card customers are being slugged with higher interest rates on plastic than they were before the nation’s series of rate falls.
The Reserve Bank has kept the official cash rate on hold at 2.5 per cent but borrowers are warned to brace for hikes next year.
THE International Monetary Fund has argued interest rates should be kept low while Australia’s economy is still ‘soft’.
THE Reserve Bank has left interest rates unchanged at 2.5 per cent.
THE RBA has opted to leave the official cash rate on hold at 2.5 per cent, in a move widely expected by markets.
THE International Monetary Fund (IMF) has warned major economies to keep their interest rates low while budgets are being repaired.
HOME loan demand has climbed to its highest level since the GFC – thanks to low interest rates and a resurgent building industry.
Original URL: https://www.dailytelegraph.com.au/business/economy/interest-rates/page/192