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- Anthony Albanese warns Reserve Bank not to ‘overreach’ amid imminent rate hikes.As it warns mortgage holders that additional interest rate increases are on the horizon, Anthony Albanese has warned the Reserve Bank not to “overreach.” Governor...
- Reserve Bank’s aggressive rate hikes ‘risk sending Australia into recession’Australia’s largest banks have cautioned the Reserve Bank that aggressive rate hikes might trigger a recession. Since May, there have been five consecutive monthly hikes...
- To combat inflation, the Federal Reserve raises interest rates for the first time since 1994.On Wednesday, the Federal Reserve raised the benchmark interest rate by three-quarters of a percentage point (Picture: AFP) In an effort to control inflation, the...
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- Sunrise host David Koch explodes on the Reserve Bank of Australia after its governor Philip Lowe repeatedly promised last year to leave rates on hold until 2024After Reserve Bank of Australia governor Philip Lowe repeatedly vowed to hold interest rates steady until 2024 last year, Sunrise anchor David Koch has exploded...
- Bank of England raises rates by 0.5%, causing further misery for BritonsAs a result of the Bank of England’s decision to increase interest rates further in order to battle excessive inflation, Britons are suffering more today....
- Poor South Africans struggle electricity, fuel, and interest rate spikesLife is difficult – and expensive – even in the best of times, but many South Africans are currently experiencing an especially difficult time. Unfortunately,...
- US Mortgages demand hit lowest level in 22 years as interest rates soarAs interest rates rise and sales of existing houses decline, demand for home mortgages has fallen to its lowest point in 22 years. Home sales...