Mortgage News

More OCR cuts likely – despite housing concerns

Wednesday 14th of October 2015

In a speech to the Institute of Finance Professionals conference today, Reserve Bank Governor Graeme Wheeler said central banks were operating in a turbulent and uncertain world.

Global economic growth is the weakest since 2009 and inflation has also been below target over the past few years in the economies that target inflation.

Despite a significant slowdown in China’s economy,...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.