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Days Of Low Rates 'over'

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[ ... departing RBA governor ... ] Mr Macfarlane said businesses, such as private equity investors who had borrowed heavily to buy assets, had built their businesses on low interest rates and would have to accept that those days were coming to an end.

"To the extent that there are risky aspects of the world economy at the moment, they are the legacy of very low world interest rates during the 2001 to 2004 period," he said.

Good old Faux News, always on the ball.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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