🌟 [ 31 ]   How many more interest rate hikes can households handle? | The Business [ @ABC News (Australia) ]

Interest rates climb above 4 per cent for the first time in more than 11 years, as the Reserve Bank moves aggressively to clamp down on inflation. RBA Governor Philip Lowe highlighted the unexpected recovery in the housing market as a cause for concern. Subscribe: [ 🔗 Click ‼️ ] Read more here: [ 🔗 Click ‼️ ] and [ 🔗 Click ‼️ ] ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It s news when you want it, from Australia s most trusted news organisation. For more from ABC News, click here: [ 🔗 Click ‼️ ] Watch more ABC News content ad-free on ABC iview: [ 🔗 Click ‼️ ] Go deeper on our ABC News In-depth channel: [ 🔗 Click ‼️ ] Like ABC News on Facebook: [ 🔗 Click ‼️ ] Follow ABC News on Instagram: [ 🔗 Click ‼️ ] Follow ABC News on Twitter: [ 🔗 Click ‼️ ] Note: In most cases, our captions are auto-generated. #ABCNews #ABCNewsAustralia

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