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

March 13, 2020 00:21:03
Episode Cover

The Property Listing Pandemic [Podcast]

Property insider Edwin Almeida and I discuss the thorny issue of running open houses in the current environment. What precautions should we take? And...

Listen

Episode 0

January 28, 2020 00:06:19
Episode Cover

The Retirement Trap [Podcast]

Quirks in the superannuation system in Australia means that some who save more will get less. This highlights again the limitations of the current...

Listen

Episode

September 27, 2024 01:32:00
Episode Cover

Save Free Speech: Fight The Disinformation Bill!

This is an edited version of a recent live show I did on Adam Stokes channel relating to the Combatting Misinformation and Disinformation) Bill...

Listen