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

April 01, 2024 • 01:05:14

Its Edwin's Monday Evening Property Rant!

More from our Property Insider, Edwin Almeida, as we look at the latest property news, and also discuss dummy bidding, and how changes in...

Episode

August 14, 2024 • 00:18:06

Kiwis Get A Rate Cut As The Reserve Bank Pivots!

Interesting question, who you believe more the markets, or Central Bankers. Of course those in Central Bank land, will claim data dependence, and moving...

Episode 0

July 15, 2022 • 00:19:26

Tight Credit Markets Hits Banking's Big Beasts... [Podcast]

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon and his Morgan Stanley counterpart, James Gorman, both said Thursday that they aren’t steering their...