Banks forecast rate hikes
· 22 min
Episode Banks forecast rate hikes
There’s been a dramatic shift in interest rate predictions among some of Australia’s biggest banks today with CBA joining ANZ in predicting we’ll get a hike in November. NAB says the RBA likely to act next month.
So is more borrower pain all but certain to deal with Australia’s inflation problem?
And in the US, Meta has tried to minimise its pain by settling a massive court case avoiding the ignominy of their CEO being forced to take the stand, but is this the end of their legal woes?
Carrington Clarke and Alicia Barry break it all down on ABC Business Daily.
Got a burning business question?
We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it.
Got a burning business question?
Send a short voice recording to Carrington and the team at abcbusinessdaily@abc.net.au
OR
Got a burning business question?
We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it.
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