Rate hike expected - households already in "world of pain"
Nine To Noon
English - May 23, 2023 21:05 - 23 minutes - 21.2 MB - ★★★★★ - 8 ratingsNews Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Sports-chat with Glen Larmer
Next Episode: Using AI to value companies
Economists are united in the view that interest rates will be hiked again today by the Reserve Bank as it continues to battle inflation. David Cunningham is CEO of mortgage broker Squirrel. He says many borrowers are already facing a world of pain at the current cash rate, and he's imploring the Reserve Bank not to hike again. Kathryn also speaks with Infometrics Principal Economist Brad Olson.