Tag Archives: rising interest rates

The prospect of Australia plunging into recession has risen as excessive as 70 per cent, in accordance with some economists, on the again of the Reserve Financial institution of Australia’s aggressive price hikes which at this stage haven’t any finish in sight. With 9 consecutive hikes since Could final yr, …

With Aussies stretched to the restrict amid hovering value of residing pressures and skyrocketing rates of interest, specialists are sounding the alarm over a recent disaster to return. Based mostly on earlier financial traits, it’s now clear that situations are lining up for an avalanche of insolvencies within the months …

There are fears that the chance of Australia falling into recession has risen with early indicators pointing to potential monetary doom for the nation because the pressure of hovering inflation and value of dwelling pressures present no indicators of easing. Whereas retail gross sales dropped by 3.9 per cent in …

With the spiralling cost of living, inflation pressure and rising interest rates, many Aussies are struggling to keep up. But if you want to get ahead with your money, you need to do more than just make ends meet – you need to find a way to save and keep …

The skyrocketing cost of living, higher interest rates and disruptions caused by Russia’s invasion of Ukraine has the global economy on a knife edge where it could tip into recession, the World Bank has warned. In a new report, it said the “fragile” economic conditions could prompt a second recession …

Inventory markets world wide have suffered their worst performances in years, with the US enduring its worst 12 months for the reason that International Monetary Disaster. Shares have been punished by merchants fearing a recession, with markets weighed down by Russia’s invasion of Ukraine, excessive inflation and rising rates of …