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, […]

Other Episodes

Episode 0

September 11, 2021 00:29:58
Episode Cover

Peering Through The Smoke: Market Update 11th Sept 2021 [Podcast]

The latest edition of our finance and property news digest with a distinctively Australian flavour. Wall Street ended sharply lower on Friday as investors...

Listen

Episode

May 18, 2025 00:16:38
Episode Cover

Housing Affordability Blown To Bits…

Which ever way you look at it, housing affordability in Australia is shot. Cotality (formerly CoreLogic) reported that the total value of Australia’s housing...

Listen

Episode

August 27, 2025 00:09:01
Episode Cover

Inflation Not Dead, Just Resting… At Best…

Well, well, the monthly ABS data on inflation came in with a rate that accelerated faster than expected in July, moving closer to the...

Listen