CBA: Markets are dead wrong on interest rates - MacroBusiness
5/4/2022 12:00:00 AM3 yearsago
by Unconventional Economist
by Unconventional Economist
Gareth Aird, head of Australian economics at CBA, has hosed predictions that interest rates could climb to 2.5% or above, for the simple reason that Australian households are far too indebted to endure such rate rises without causing a hard landing for the ec…
Gareth Aird, head of Australian economics at CBA, has hosed predictions that interest rates could climb to 2.5% or above, for the simple reason that Australian households are far too indebted to endu… [+2401 chars]
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