Government & Politics

Interest rates

Government & Politics

Posted by: Elizabeth 31231703

27th Apr 2023 06:10pm

Do you think interest rate will continue to rise? Why?

Comments 1

jtmorri
  • 16th May 2023 12:50pm

Yes. Inflation isn't under control at the moment and with more payment handouts that people will spend it means the interest rate will continue to increase. If wages start to rise that will also put pressure on inflation again.

Help Caféstudy members by responding to their questions, or ask your own in Café Chat, and you will get the chance of earning extra rewards. Caféstudy will match these and donate equally to our two chosen Australian charities.

AMCS
Australian Marine Conservation Society are an independent charity, staffed by a committed group of scientists, educators and passionate advocates who have defended Australia’s oceans for over 50 years.
Reach Out
ReachOut is the most accessed online mental health service for young people and their parents in Australia. Their trusted self-help information, peer-support program and referral tools save lives by helping young people be well and stay well. The information they offer parents makes it easier for them to help their teenagers, too.