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

Digital Finance Analytics (DFA) Blog

Oct 11 2023 | 00:15:11

00:00 / 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, […]

Other Episodes

Episode

July 08, 2024 • 01:14:39

Its Edwin's Monday Evening Property Rant!

Join us for another journey of exploration through the property market, as Edwin Almeida, our property insider, and I look at the latest data...

Episode

July 17, 2025 • 00:11:29

Unemployment Up in June, But How Broken Is The ABS Data Compass?

There is a lot of kerfuffle about the latest employment statistics released today by the ABS as Australian unemployment unexpectedly climbed to a four-year...

Episode

October 22, 2019 • 00:37:41

Harry Dent Says The Bubble Still Has To Burst! [Podcast]

I caught up with world renowned economist Harry Dent, ahead of his latest visit to Australia next month, and we discussed the debt and...