Consumers are under immense pressure given that the average mortgage repayment in the country is now A$15,000, or around $9,900, higher per year than what it was when interest rates were cut to.
Week Ahead for FX, Bonds : U S and Eurozone -2- marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
The Bank of Korea will keep its key policy rate unchanged for an 11th straight meeting on Thursday and through next quarter, followed by a half point cut in Q4 after the likely start of policy. -May 20, 2024 at 08:38 pm EDT
- MarketScreener
By Anant Chandak BENGALURU (Reuters) - The Bank of Korea will keep its key policy rate unchanged for an 11th straight meeting on Thursday and through next quarter, followed by a half point cut in Q4 after the likely start of policy easing from many.
Bank of Korea to Hold Rates on May 23, First Cut Pushed to Q4 usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.