Interest rates have been low and falling for over a decade. Rising inflation has forced the RBA to raise rates two years earlier than expected, and the implications are huge.
AMP’s Shane Oliver shares his thoughts on:
- Why rates will go higher from here, and how quickly
- How rising inflation threatens the global economy
- The impact rising rates will have on equity and property markets, and
- Why taking a long term view is critical as asset prices falter.
If you’re short on time, consider listening at 1.5-2x speed, which should be shown on the screen of your device as you listen. This won’t just reduce your listening time; it has also been shown to improve knowledge retention.