Will interest rates ever stop going up?
Update: 2024-07-29
Description
Over the past two years, it's been hard to see an end to interest rate rises. Homeowners have been slogged with one mortgage increase after another.
Despite a couple of months of calm, another potential rate rise is looming on the horizon, with the imminent release of inflation data and a meeting of the RBA in early August. Kat Clay and Trent Wiltshire, Deputy Program Director Economic Prosperity, discuss whether the interest rates will ever go down again, or if homeowner hell will keep going for a long time to come.
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Despite a couple of months of calm, another potential rate rise is looming on the horizon, with the imminent release of inflation data and a meeting of the RBA in early August. Kat Clay and Trent Wiltshire, Deputy Program Director Economic Prosperity, discuss whether the interest rates will ever go down again, or if homeowner hell will keep going for a long time to come.
Donate to Grattan: https://grattan.edu.au/donate
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