- Jul 10, 2003
- 28,508
So, given your background and location, it seems you are the perfect person to answer @BadFish's question
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[Finance] Interest Rates/Inflation
- Thread starter BadFish
- Start date
So, given your background and location, it seems you are the perfect person to answer @BadFish's question
The Maharajah of Sydney
Well-known member
In Australia by far and away the best forward guidance for Interest Rates lies with the ASX 30 Day Interbank Cash Rate Futures Implied Yield Curve.So, given your background and location, it seems you are the perfect person to answer @BadFish's question
As you can see from the chart below, the professional market sees a gradual sustained drop in the RBA Official Cash Rate of around 0.75% within the next 18 months, taking it from where it is currently at 4.35% to 3.6%
I wouldn't fix.
dsr-burnley
Well-known member
- Aug 15, 2014
- 2,805
On the other hand, government fiscal policy today is definitely reminiscent of Heath's and Wilson's and Callaghan's policy in the seventies, and that resulted in double digit mortgage rates that lasted for over 20 years. Who can tell.
B-right-on
Living the dream
Absolutely not. I know several former hedge fund/ institution traders who learned all their tradecraft and made their mistakes trading other peoples money and when they got really really competent, set up on their own using their own money or setting up their own funds.
Hedge funds and banking institutions are highly highly regulated and controlled. Much easier to do it for yourself without the regulatory bodies breathing down your neck
I don’t worry about interest rates too much, I just look at the offers and if I’m comfortable paying that each month, given my circumstances, I go for it.