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NAB Bank cuts interest rates for mortgage holders
02 Feb 2025 23:59 GMT
NAB is first big bank to cut fixed rate mortgages
By STEPHEN JOHNSON, ECONOMICS REPORTER FOR DAILY MAIL AUSTRALIA
Published: 18:42 EST, 2 February 2025 | Updated: 18:51 EST, 2 February 2025
NAB has become the first of the Big Four banks to cut its fixed …
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Interest rates to shape property market throughout 2025
02 Feb 2025 20:07 GMT
… will sustain buyer interest.
“Interest rates will heavily influence market performance … before May due to persistent inflation and global economic uncertainty.
“ … secure properties ahead of expected interest rate cuts, anticipating increased competition in …
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Interest rate cut from Bank of England 'sure bet' in win for mortgage holders despite inflation fears
02 Feb 2025 18:49 GMT
… borrowing costs and cut interest rates to their lowest level … are pricing in an interest rate cut from the Bank … interest rates across the economy. The Bank typically raises rates when inflation … week to discuss interest rates
GETTY
Core inflation dropped to 3 …
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Interest rate cut marks new era for South African property market and personal finance
02 Feb 2025 18:37 GMT
… market.
With this latest interest rate announcement marking the second decrease … pudding
With interest rates being largely defined by our countries inflationary targets and … and credit card repayments, the interest rate reduction provides much-needed relief …
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Quick explainer: Interest rates and how they affect you
02 Feb 2025 17:28 GMT
… Bank announced that the key interest rate it sets, the repo … (repurchase) rate is the interest rate that the Reserve Bank charges … , it lowers interest rates.
(See our explainer on inflation.)
What effect … contract with a fixed interest rate) as will those who …
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Inflation: Average household costs up 3% across the year. Who was hit hardest?
02 Feb 2025 22:36 GMT
… .
The HLPI measured how inflation affected different household groups, … groups is living-costs inflation is starting to slow,” … said interest rates had been a major driver of household inflation … highest-expenditure household group, inflation was 0.4%. It …
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Inflation controlled, but what's next?
02 Feb 2025 23:12 GMT
… .
High interest rates have also hindered business expansion. However, with inflation declining, … expected. A single-digit interest rate would help businesses expand and … depreciation, and inflation spikes, which in turn push interest rates higher.
Given …
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Inflation: Average household costs up 3% across the year. Who was hit hardest?
02 Feb 2025 23:54 GMT
… indexes (HLPI) today.
Inflation experienced in the year to … .
The HLPI measured how inflation affected different household groups, … groups is living-costs inflation is starting to slow,” … said interest rates had been a major driver of household inflation early …
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Tariffs May Complicate Efforts to Tame Inflation
02 Feb 2025 19:46 GMT
… in prices following the pandemic. Inflation has eased back down toward … percent target after it raised interest rates aggressively in recent years and … than potential sources of persistent inflation. Tariffs tend to dent growth …
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Trump faces backlash from business as tariffs ignite inflation fears
02 Feb 2025 19:34 GMT
… . US inflation would also rise.
Ed Al-Hussainy, senior interest rate and currency …