Interest rates
2024 - 4 - 29Shocking Interest Rate Predictions: Battlers Brace for Impact
Australian Economy - Inflation - Interest Rates - Reserve Bank of AustraliaEconomists warn of dire consequences as interest rates may surge in 2024.
Economics advisor Warren Hogan is painting a grim picture for battlers, predicting that the strengthening economy could lead to a surge in interest rates. While some investors on the S&P/ASX 200 Index (ASX: XJO) are hopeful for rate cuts, experts suggest that the Reserve Bank of Australia (RBA) might have other plans. Market pundits argue that despite expectations, interest rates are likely to continue falling due to a slowdown in inflation. This conflicting outlook raises concerns about the impact on homeowners and borrowers.
In the political arena, rising interest rates and union actions are causing ripples. The Fair Work Commission's decisions, particularly in favor of the CFMEU, are playing a role in shaping the landscape for Prime Minister Anthony Albanese's re-election plans. With inflation remaining high, the timetable for interest-rate relief is being pushed back, adding more complexity to the upcoming elections.
As the year progresses, the specter of higher interest rates looms large. Speculations suggest that interest rates may climb as high as five percent by the end of the year, highlighting the challenges ahead for the RBA. Economists predict a rocky road ahead, with potential rate hikes resuming as early as August, putting more pressure on borrowers and businesses.
In a twist of events, an economist has sounded the alarm for a possible increase in the cash rate in the second half of 2024, indicating a turbulent economic landscape ahead. The ongoing battle between inflation and interest rates continues to keep investors and homeowners on edge, with the future remaining uncertain.
'One or two more times': Economist's dire interest rate prediction as ... (9News)
E๏ปฟconomics advisor Warren Hogan says the strengthening economy could spell bad news for battlers.
Here's why RBA might increase interest rates again in 2024 (Motley Fool Australia)
S&P/ASX 200 Index (ASX: XJO) investors positioning for interest rate cuts may be getting ahead of themselves. Here's what you need to know.
RBA interest rates: Reserve Bank's next move will still be a rate cut ... (BRW)
Market pundits argue that interest rates are still going down, not up, because inflation is declining, albeit at a slower pace than many had expected.
Will unions and rising interest rates crush Albo's re-election plans? (Switzer)
Today we learnt from the AFR that the Fair Work Commission is giving the CFMEU (the building union) a more-than-fair go by dropping 30% of cases that were ...
RBA Interest-Rate Risks Frustrate Albanese's Reelection Plan | Mint (Livemint)
Australian Prime Minister Anthony Albanese faces a bumpy road to reelection with sticky inflation pushing back the timetable for interest-rate relief, ...
'Not good news': Interest rates predicted to reach as high as five per ... (Sky News Australia)
Interest rates could reach as high as five per cent by the end of the year. It's believed sticky inflation will force the RBA to lift the cash rate in ...
Economist predicts rate hikes to resume in August (The Adviser)
An economist has warned that the RBA could increase the cash rate again in the second half of 2024.
When interest rates eventually fall, banks will face a critical decision (BusinessDay.com.au)
In previous cycles of Reserve Bank interest-rate changes, the major banks often responded in ways that helped boost their profits.
RBA interest rates: Investors need to turn detective in the hunt for ... (The Australian Financial Review)
Several sectors on the ASX have surged on the prospect of rate cuts that aren't coming any time soon. It's time for investors to reassess.
Sponsor spotlight: Important moves to consider when interest rates ... (My Edmonds News)
A domino effect occurs each time the Federal Reserve changes interest rates. An increase leads to higher rates for consumers when they borrow, while paving ...
SGP ASX: Stockland says interest rate decline key to further market ... (The Australian Financial Review)
The country's largest listed diversified developer said sales picked up in the March quarter, but lower borrowing costs were needed for the housing market ...
Financial pessimism rising alongside interest rates, inflation: 'I've ... (The Globe and Mail)
People struggling with debt and feelings of financial anxiety are predicting bleaker futures for themselves and their children, polls say.
RBA's next interest rate move likely to be a cut (Independent Australia)
THE NEXT MEETING of the interest rate-setting Reserve Bank of Australia (RBA) Board will conclude on 7 May, when it will announce its decision on the level of ...
Banks Pay Savers More to Stay Amid Steep Interest Rates (pymnts.com)
For America's biggest banks, deposit costs are exceeding interest income for the first time since the Federal Reserve began increasing rates.
RBA has gone too far and nervous nellies should admit it as interest ... (Yahoo Finance Australia)
Interest rate hikes would have very little if any, impact on the price of tobacco, petrol, food, alcohol or child care. So why are they deemed the answer?
CBA makes call no Aussie wants to hear (NEWS.com.au)
The Commonwealth Bank of Australia (CBA) has made a devastating new prediction for Aussie homeowners.
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