Why interest rates have to rise - news.com.au


4/12/2022 12:00:00 AM3 yearsago
by Charis Chang

<p>With many Aussies already under financial stress due to the rising cost of living, some may be wondering why banks are expected to raise interest rates &mdash; making mortgages more expensive and increasing the pressure further. </p>

No one wants to see their mortgage repayments go up but theres an important reason why Australia cant keep interest rates low forever.With many Aussies already under financial stress due to the risin… [+4071 chars]

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