havent read all, but as mentioned in previous post, it should only go as high as it needs to.
The interest rate is relative to the income / loan ratio
What is the logical reasons for interest rates to go up and down ? that is all you need to ask.
People say that RBA dont control the rate anymore, which has some truth to it, but if that were an absolute thing, then rates would not have gone down as much as they have in the last 9 months.
Have we not just seen that 9% is probably the threshold before the economy *****'s itself anyway ?
The interest rate is relative to the income / loan ratio
What is the logical reasons for interest rates to go up and down ? that is all you need to ask.
People say that RBA dont control the rate anymore, which has some truth to it, but if that were an absolute thing, then rates would not have gone down as much as they have in the last 9 months.
Have we not just seen that 9% is probably the threshold before the economy *****'s itself anyway ?
