US central bank hikes interest rates for the third time this year..

Discussion in 'Property Market Economics' started by willair, 27th Sep, 2018.

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  1. willair

    willair Well-Known Member Premium Member

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    willair, 27th Sep, 2018
    #1
  2. Triton

    Triton Well-Known Member

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    It already has, most of the big banks raised their rates few weeks back
     
    Triton, 27th Sep, 2018
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  3. paulF

    paulF Well-Known Member

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    I feel that this will be very short lived. They have around 22 Trillion $ and they are paying around 1 Trillion in interest a year. Add to that, many analysts are challenging the growth figures meaning that the average American is not benefiting from all this growth ...
     
    paulF, 27th Sep, 2018
    #3
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  4. willair

    willair Well-Known Member Premium Member

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    I guess it will come back to where some Aussie Banks gain their funding ,,and looking at some of the banks within Australia statements on funding ,then it will be a good question to ask at the AGM'S..
     
    willair, 27th Sep, 2018
    #4
  5. marmot

    marmot Well-Known Member

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    I would not be surprised to see another rate rise by the aussie banks in the new year if the US fed raise there rates again in December .
    Merry Christmas Australia.
     
    marmot, 27th Sep, 2018
    #5
  6. SatayKing

    SatayKing Well-Known Member

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    Look on the positive side. For NGers of this world, doesn't an increase in interest mean a bigger deduction?

    If so, it ain't all bad.
     
    SatayKing, 27th Sep, 2018
    #6
  7. TheSackedWiggle

    TheSackedWiggle Well-Known Member

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    :)
     
    TheSackedWiggle, 27th Sep, 2018
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  8. Perthguy

    Perthguy Well-Known Member

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    My last rate hike was 0.15%. I am booked in to see my bankruptcy lawyer tomorrow.
     
    Perthguy, 27th Sep, 2018
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  9. hobartchic

    hobartchic Well-Known Member

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    They should have done so months ago. This next rate hike by the Fed will likely be passed on much faster.
     
    hobartchic, 27th Sep, 2018
    #9
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