Interest rates... but interesting

All around the world, the headlines are the same - the global interest rate is rising. In Australia, the RBA has just made the first interest rate increase in 11 years, raising rates from 0.1% to 0.35%. We're in good company - in the US, interest rates were raised from 0.25% to 0.5%, in the UK and South Africa, there have been two interest rate rises, and South Korea has raised from 1% to 1.5% this year. In today's episode, Darcy and Sascha discuss the impact of these changes, and how they relate to that other 'i' world: inflation.

Tell us what you think of The Dive - email us at thedive@equitymates.com

In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. 

*****

All information in this podcast is for education and entertainment purposes only. Equity Mates gives listeners access to information and educational content provided by a range of financial services professionals. It is not intended as a substitute for professional finance, legal or tax advice. 

The hosts of The Dive are not financial professionals and are not aware of your personal financial circumstances. Equity Mates Media does not operate under an Australian financial services licence and relies on the exemption available under the Corporations Act 2001 (Cth) in respect of any information or advice given.

Before making any financial decisions you should read the Product Disclosure Statement and, if necessary, consult a licensed financial professional. 

Do not take financial advice from a podcast. 

For more information head to the disclaimer page on the Equity Mates website where you can find ASIC resources and find a registered financial professional near you. 

The Dive is part of the Acast Creator Network.

Hosted on Acast. See acast.com/privacy for more information.