Higher-for-Longer Interest Rate Environment is Squeezing More Borrowers

October 11, 2023 • 00:15:11
Higher-for-Longer Interest Rate Environment is Squeezing More Borrowers
Digital Finance Analytics (DFA) Blog
Higher-for-Longer Interest Rate Environment is Squeezing More Borrowers

Oct 11 2023 | 00:15:11

/

Show Notes

Elevated inflation means central banks may have to keep policy rates higher in a way that stretches the capacity of borrowers to repay debt said the IMF in its latest Global Financial Stability Report. And the Bank of England warned in their latest Financial Policy Summary that simply extending the term of mortgage loans is more about protecting banks than borrowers as risks build. The International Monetary Fund (IMF) has updated its global growth forecasts, with the world expected to grow by 3% this year and 2.9% in 2024.The IMF tips that Australia’s real GDP growth will slow even faster, […]
Previous Episode
Next Episode

Other Episodes

Episode 0

August 30, 2023 • 00:09:37
Episode Cover

Inflation Crawling Lower (For Now), But....

The monthly CPI indicator rose 4.9% in the twelve months to July compared with 5.4% last month. The CPI excluding volatile items was at...

Listen

Episode

February 24, 2025 • 01:03:11
Episode Cover

Its Edwin's Monday Evening Property Rant!

Property Insider Edwin Almeida and I discuss the latest shocks from the new cycle (don’t shoot the messenger!) and pick over the latest from...

Listen

Episode 0

June 16, 2019 • 00:07:49
Episode Cover

More Are Retiring With High Mortgage Debt! [Podcast]

We look at a recent The Conversation article which spells out the problems ahead for many older Australians with mortgages. Share this:EmailPrintTwitterFacebookLinkedInReddit

Listen