Ninth Interest Rate Hike February 2023
In November 2021, Reserve Bank of Australia Governor Philip Lowe dismissed calls for a 2022 rate rise keeping rates at a record low of 0.1%. He hinted that there would be no rises until 2024, obviously, to keep people going out and getting mortgages. Now in early 2023, there have already been a record nine consecutive rate rises (in order to tame ever-increasing inflation), bringing the cash rate to 3.35%. As you can see in this chart, it’s lift-off for interest rates! And now the Governor is saying he “expects that further increases will be needed”. The RBA will do “whatever is necessary to bring down inflation”. If you lose your house, or can’t afford the rent, too bad, so sad! Now it looks increasingly likely that the RBA are going to keep hiking rates until something breaks in the economy. Only one question remains: Are you ready for the fall?
#Shorts
-
5:43
Daily Insight
12 days agoLibraries in VIC the New LGBT Battlefield
55 -
1:13:17
Exploring With Nug
10 hours agoMissing Person's Remains Found In Virginia Well
9.24K8 -
2:00:56
Tate Speech by Andrew Tate
8 hours agoEMERGENCY MEETING EPISODE 76 - GYAL DEM
202K310 -
23:06
MYLUNCHBREAK CHANNEL PAGE
22 hours agoThe Old World is in The Catacombs? - Part 3
27.3K36 -
LIVE
Right Side Broadcasting Network
5 days agoLIVE REPLAY: Pres. Trump Holds a Rally in Wilmington, NC on Jobs, Inflation, & the Economy - 9/21/24
6,176 watching -
47:18
Vigilant News Network
22 hours agoShocking Details Emerge About Trump’s Would-Be Assassin and “Wife” | The Morning Catch Up
63.6K54 -
1:01:43
Michael Franzese
1 day agoDemocrat Party is Evil: The Border, Cover Ups, Fraud | Michael Franzese LIVE! Ep. 19
79.2K63 -
12:04
Liam Reid
1 day ago9-Year-Old 250 2 Stroke vs Modern 4 Stroke!
77.3K12 -
15:07
CartierFamily
2 days agoRepublican CALMLY DISMANTLES CNN Host Over GOP Denied Bill! 🔥
86.1K97 -
20:10
Degenerate Jay
12 hours ago $7.18 earnedThe PlayStation 5 Pro Is Bad News For Gaming
79.1K15