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'We know what's behind the 4% interest rate rise' - Bank of England Governor
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Interest rates are now at the highest rate in 18 years, after the RBA hiked the cash rate, raising it to 4.85%. The reason?
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Interest rates are now at the highest rate in 18 years, after the RBA hiked the cash rate, raising it to 4.85%. The reason?
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RBA raises interest rates to 18-year high | ABC NEWS
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Post Office Schemes New Interest Rates From 01 November 26 ||
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YouTubeFino Tech
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Mortgage holders are set to be hit with the highest interest rate levels since the global financial crisis almost 18 years ago. The Reserve Bank has announced a hike of 25 basis points from 4.6 per cent to 4.85 per cent, the highest level since November 2008. It’s the fifth rate rise in 2026 as the RBA tried to bring inflation down from above 4 per cent and into the target range of 2-3 per cent. Watch 7NEWS at 6pm for full coverage of today's announcement and what it means for your household. #i
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The average rate on a 30-year mortgage is back above 7% for the first time in twenty months. It’s rough news for the housing market and homebuyers already struggling with rising prices elsewhere. It comes as Treasury yields, which impact borrowing costs across the economy, hit multi-decade highs. Amna Nawaz discussed more with David Wessell of the Hutchins Center on Fiscal and Monetary Policy. #pbsnews #pbsnewshour #mortgage #housing #pbs
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