zero_gravitas comments on RBA's decision on interest rates a choice between two evils: recession or inflation

RBA's decision on interest rates a choice between two evils: recession or inflation (www.abc.net.au)

submitted 6 months ago by zero_gravitas@aussie.zone to c/ausfinance@aussie.zone

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[–] zero_gravitas@aussie.zone [S] 2 points 6 months ago

That's kind of the case in the US. They don't have variable-rate home loans, so only business borrowing is affected by the US Federal Reserve's interest rate.

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