Stand by for a Reserve Bank rate hike, says OECD

Discussion in 'Markets & Economies' started by SilverDJ, Nov 29, 2016.

  1. SilverDJ

    SilverDJ Well-Known Member

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    SilverDJ, Nov 29, 2016
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  2. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Stopped reading when I got to this.

     
    mmm....shiney!, Nov 29, 2016
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  3. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    Why?

    This is the way these people are thinking and it will play out this way whether it's stupid or not.

    The bond market has turned, so I'm expecting a tightening bias on interest rates and all that entails (recession, housing downturn?)
     
    BuggedOut, Nov 29, 2016
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  4. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Why?because I've heard it all before, it's madness, it won't work and as you say it will play out this way anyway. I don't need to read more shit. I'm depressed enough about the central planning fools as it is.
     
    mmm....shiney!, Nov 29, 2016
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  5. willrocks

    willrocks Well-Known Member Silver Stacker

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    You got that far!
     
    willrocks, Nov 29, 2016
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  6. TheEnd

    TheEnd Well-Known Member

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    Its about time rates started rising again.

    Something needs to be done about the out of control OZ RE market.
     
    TheEnd, Nov 29, 2016
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  7. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    It's about time they stopped manipulating the price of current/future spending.
     
    mmm....shiney!, Nov 29, 2016
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  8. SilverDJ

    SilverDJ Well-Known Member

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    SilverDJ, Nov 29, 2016
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  9. tolly_67

    tolly_67 Well-Known Member

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    The whole concept of using interest rates as a means of controlling the economy is deeply flawed. The government does not "control" interest rates at all. They simply react to what is happening. Even if the Reserve Bank came out tomorrow and declared it will not raise interest rates for 10 years, interest rates would still rise.
     
    tolly_67, Nov 29, 2016
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