Bank Governor faces backlash over mortgage comments
Andrew Bailey's suggestion that struggling homeowners should 'just absorb' higher mortgage payments sparks outrage as Nationwide reports significant payment increases for thousands.
Category : Search result: RBA interest rates
RBA: Inflation to rise faster than wages in 2025
The Reserve Bank of Australia predicts inflation will rise faster than wages in 2025, threatening living standards and creating a cost-of-living crisis for British households.
UK lenders slash mortgage rates after inflation fall
Nationwide and Lloyds Banking Group announce significant mortgage rate reductions following improved inflation data, providing relief for borrowers across Britain.
RBA holds rates at 12-year high amid cost crisis
The Reserve Bank of Australia maintains its tough stance against inflation, keeping interest rates at 4.35% while households face mounting financial pressure from rising expenses across housing, utilities and essentials.
Chalmers: Inflation pain continues despite rate pause
Exclusive: Jim Chalmers reveals inflation battle far from over as Australians face ongoing cost-of-living pressures. The Treasurer warns of difficult months ahead despite RBA holding rates steady.
Nationwide cuts mortgage rates in market shake-up
Britain's largest building society cuts selected mortgage rates by up to 0.31%, offering relief to borrowers amid ongoing cost of living pressures. Find out which deals are changing.
RBA Governor's sporting cliches amid rate pain
As the Reserve Bank governor deploys sporting metaphors, stretched Australian households face mounting financial pressure with no relief in sight for cost of living crisis.
RBA holds interest rates at 4.35% for fifth meeting
The Reserve Bank of Australia maintains current interest rates at 4.35% for the fifth consecutive meeting as inflation battle continues. Governor Michele Bullock signals cautious approach despite economic pressures.
RBA Holds Rates as Inflation Surprise Rattles Economy
The Reserve Bank of Australia maintains current interest rates despite unexpected inflation data, signalling cautious optimism amid economic uncertainty. Analysis of what this means for mortgages and the broader economy.
Barefoot Investor: RBA flying blind on rates
Financial guru Scott Pape delivers scathing assessment of Reserve Bank's interest rate decisions, claiming Australians are paying the price for economic mismanagement in cost of living crisis.
Australian Mortgage Crisis: 1 in 3 in Severe Financial Stress
Exclusive analysis reveals nearly a third of Australian mortgage holders are experiencing 'severe financial stress' with interest rate hikes pushing thousands toward breaking point. Experts warn of potential defaults and economic fallout.
RBA holds rates steady, no cuts in sight
The Reserve Bank of Australia has dashed hopes for imminent rate cuts, maintaining current settings amid persistent inflation pressures and economic uncertainty.
Mortgage Rate War: Lenders Slash Costs
Barclays, HSBC and Santander lead charge with significant mortgage rate reductions, offering relief to borrowers amid shifting economic landscape. Find out which deals could save you thousands.
Mortgage crisis squeezes UK household budgets to breaking point
Exclusive analysis reveals the devastating domino effect of rising mortgage costs on UK families, with essentials becoming unaffordable as financial pressure mounts.
Australia's unemployment shock signals cooling economy
Australia's unexpected unemployment surge to 4.4% signals an economy cooling faster than anticipated, raising urgent calls for economic stimulus rather than interest rate hikes.
Australia's Hidden Jobs Crisis Worries Economists
New analysis reveals Australia's rising unemployment figures mask a deeper economic concern as underemployment and multiple job-holding surge, creating what experts call a 'messy' and worrying trend.
UK Banks Cut Mortgage Rates: Barclays, Lloyds, Halifax, NatWest
Barclays, Lloyds, Halifax and NatWest have all announced significant mortgage rate reductions this week, offering relief to homeowners and buyers amid changing economic conditions.
RBA: Housing crisis driven by supply shortage, not rates
Reserve Bank Governor Michele Bullock challenges critics, arguing Australia's housing affordability crisis stems from chronic undersupply rather than monetary policy decisions.
UK Housing Market Crisis as Major Lenders Issue Warnings
Halifax and Nationwide issue stark warnings about UK property market stability as inflation and interest rate pressures mount. Exclusive analysis reveals growing concerns for homeowners and buyers.
RBA Bets Against Rate Cut Despite Economic Signals
The Reserve Bank of Australia appears poised to pause interest rate cuts, signalling confidence in the economy despite contradictory data. Analysis suggests the RBA believes current conditions are stronger than indicators show.
CBA deals crushing blow to mortgage holders
Australia's largest lender Commonwealth Bank warns of significant mortgage pain ahead as interest rates are predicted to climb, leaving homeowners facing financial strain.
RBA holds rates amid economic uncertainty and China tensions
The Reserve Bank maintains interest rates amid global economic uncertainty and domestic inflation concerns, while Australia faces diplomatic challenges with China and environmental crises.
RBA Holds Interest Rates Steady Amid Political Pressure
The Reserve Bank of Australia has maintained its current interest rate stance, opting for caution amid economic uncertainty despite political tensions. Analysis reveals the central bank's delicate balancing act between inflation concerns and economic grow
RBA holds rates at 12-year high, mortgage pain continues
The Reserve Bank of Australia maintains cash rate at 4.35% for seventh consecutive meeting, dealing another blow to struggling mortgage holders despite easing inflation pressures.
RBA Chief: Inflation Crisis Far From Over
Reserve Bank of Australia Governor Michele Bullock delivers a sobering message to Australians, warning that the cost-of-living crisis is far from over and high prices may persist, dashing hopes for near-term relief.
Australia's £50BN Debt Interest Time Bomb
Australia is facing a severe fiscal crisis as interest payments on its national debt are projected to skyrocket, consuming an ever-larger portion of the federal budget and threatening future economic stability.
Climate Change Wipes Billions from Australian Property Values
Exclusive report reveals climate change is no longer a future threat but a present financial crisis, devaluing properties and making insurance unaffordable across Australia.
Bank of England Holds Interest Rates at 5.25%
The Bank of England's Monetary Policy Committee votes 7-2 to maintain current interest rates. Discover the immediate impact on mortgages, savings, and the UK housing market amidst ongoing inflation concerns.
NatWest and RBS Slash Fixed Mortgage Rates
In a significant move, NatWest and Royal Bank of Scotland have announced sweeping cuts to their fixed-rate mortgage deals, offering hope to borrowers amidst the cost-of-living crisis.
RBA: Cost-of-living pain to continue through 2024
The Reserve Bank of Australia issues a sobering alert that the cost-of-living crisis is far from over, with persistent high inflation and interest rates set to continue pressuring family budgets well into the new year.
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