Articles sur Interest rates

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The World Economic Outlook from the IMF released this week downgraded growth for many countries. Shawn Thew/AAP

Vital Signs: mixed signals from the global economy

Interest rates remain unchanged in Australia this week, reflecting an economic holding pattern around the world, as the US presidential election carries on.
Commonwealth Bank chief Ian Narev was the first to appear before a parliamentary committee inquiring into the practices of the big four banks. Lukas Coch/AAP

Banks make millions in delaying interest rate cuts

When the cash rate increases, lending rates shoot up like rockets, but when the opposite occurs they go down like feathers.
After the Reserve Bank cut the cash rate by 25 basis points to 1.5%, the four big banks said they would pass on only part of the reduction. Paul Miller/AAP

Turnbull to banks: pass on whole interest rate cut

Malcolm Turnbull has sternly told the banks they should pass on the whole of Tuesday's rate cut - or their chief executives must explain why they are not doing so.

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