Australians are caught in an interest rate pincer
Much of the discussion around interest rates revolves around Australian households, who are facing another two to three interest rate hikes from the Reserve Bank of Australia (RBA), which would take the official cash rate to 4.85% or 5.10% – the highest level since 2008. Such rises would come at a time when mortgage servicing The post Australians are caught in an interest rate pincer appeared…
We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.
