If banks are cutting deposit rates, will lending rates follow?
The Money Puzzle · The Australian
August 20, 202434m 4s
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Show Notes
The big banks have jumped the gun, putting through hefty cuts on deposit rates before the RBA has even conceded that official rates can move lower.Money markets dictate money prices: If they are right, the rate cut you have been expecting is just around the corner.
AMP economist Diana Mousina joins wealth editor James Kirby.
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In today's show, we cover
- Rates finally drop - but not for borrowers
- * Why are my council rates rising if prices are flat?
- * Can childcare stocks ever be viable for retail investors?
- * The FIRE movement returns fire
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Topics
Australian banks deposit rateslending rates AustraliaRBA interest rate forecastmoney market trends Australiarate cuts prediction AustraliaAustralian property market impactbanking sector moves Australiadeposit vs lending rates Australiabig banks interest rate strategymortgage rate expectationsfinancial planning Australia 2024RBA rate cut speculationDania MousinaAMP economistThe Money PuzzleFinance podcastJames KirbyThe AustralianThe Australian podcast