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Unemployment just jumped. It’s unlikely to stop a rate hike

All four major banks expect the RBA to hike the cash rate for the fourth time this year next Tuesday.

Unemployment just jumped. It’s unlikely to stop a rate hike

We haven't written up this one. The Sydney Morning Herald has the full story — the link below goes straight to it.

Also reported by 1 other outlet

Read the original at smh.com.au →

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MAN warns 23% MPR cut may have little impact with lending rates at 30%

The Central Bank of Nigeria’s reduction of its benchmark interest rate may have limited impact on manufacturers if commercial lending rates remain as high as 30%, the Manufacturers Association of Nigeria (MAN) has said. The post MAN warns 23% MPR cut may have little impact with lending rates at 30% appeared first on Nairametrics .

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