Interest rates will eventually fall but it's a bit early for mortgagees to break out the champagne
- Written by: John Hawkins, Senior Lecturer, Canberra School of Politics, Economics and Society, University of Canberra
Suddenly the talk in global financial markets has spun from “when will interest rates next rise?” to “how soon before they fall?”.
Some commentators are flagging the shift as a “pivot party”.
This change has been most prominent in the United States. It was prompted by the Federal Reserve, the US equivalent of the...
