10/28/2026: the federal reserve has decided on interest rates in their October meeting and the decision is… keeping rates steady despite rising inflation. What does this mean for you and the economy as a whole? #inflation #economics #finance
3:09
10/28/2026: the federal reserve has decided on interest rates in their October meeting and the decision is… keeping rates steady despite rising inflation. What does this mean for you and the economy as a whole? #inflation #economics #finance
48.4K views1 week ago
TikTokeconwithsarah
Interest rates are now at the highest rate in 18 years, after the RBA hiked the cash rate, raising it to 4.85%. The reason?
2:28
Interest rates are now at the highest rate in 18 years, after the RBA hiked the cash rate, raising it to 4.85%. The reason?
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The average rate on a 30-year mortgage is back above 7% for the first time in twenty months. It’s rough news for the housing market and homebuyers already struggling with rising prices elsewhere. It comes as Treasury yields, which impact borrowing costs across the economy, hit multi-decade highs. Amna Nawaz discussed more with David Wessell of the Hutchins Center on Fiscal and Monetary Policy. #pbsnews #pbsnewshour #mortgage #housing #pbs
6:24
The average rate on a 30-year mortgage is back above 7% for the first time in twenty months. It’s rough news for the housing market and homebuyers already struggling with rising prices elsewhere. It comes as Treasury yields, which impact borrowing costs across the economy, hit multi-decade highs. Amna Nawaz discussed more with David Wessell of the Hutchins Center on Fiscal and Monetary Policy. #pbsnews #pbsnewshour #mortgage #housing #pbs
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0:43
Mortgage holders are set to be hit with the highest interest rate levels since the global financial crisis almost 18 years ago. The Reserve Bank has announced a hike of 25 basis points from 4.6 per cent to 4.85 per cent, the highest level since November 2008. It’s the fifth rate rise in 2026 as the RBA tried to bring inflation down from above 4 per cent and into the target range of 2-3 per cent. Watch 7NEWS at 6pm for full coverage of today's announcement and what it means for your household. #i
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