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“Normally, rates rise when the economy is humming and demand is strong; the RBA intervenes with higher rates to slow things down and keep prices in check.”

“The increase means Australia now has one of the highest official interest rates set by a central bank among western economies, surpassing the US (where official rates are 4 per cent) and UK (3.75 per cent).”

“The consensus among US economists is that headline inflation will have risen from August’s 3.4 per cent to 3.6 per cent or 3.7 per cent, with “core” inflation (excluding energy and food costs) either steady or edging up from 2.5 per cent to 2.4 per cent.”

“Donald Trump is thrashing about wildly as if to escape somehow the fate that awaits him in the US midterm elections in three weeks.”

“The rise in diesel is more indirect, raising the costs for just about any shipped product, which usually results in higher prices for everything from food to clothing.”

“…Doyle, Fairy Meadow It’s the stupid economy Ross Gittins is sort of on the right path, suggesting an alternative to interest rates as the tool solely used to fight inflation (“Trying to tame inflation with higher interest rates is dumb and unfair”, October…”

“But that doesn’t mean other countries’ use of interest rates to control inflation is any less effective than ours is.”

“… survey has painted a grim picture for Western Australia’s hospitality sector, with households in a glum mood about the rising cost of living and readying to tighten their belts even before the Reserve Bank hiked up interest rates to a 15-year high on…”

“Albo is acting annoyed and flabbergasted that the RBA had the temerity to jack up interest rates again, as if the latest rise has somehow arrived from another planet rather than after years of rampant government spending.”

“The news that US President Donald Trump offered to sell arms to China is the latest proof that Trump’s America is an unreliable ally (“Alarm at offer to sell China weapons”, September 29).”

“Each decision to cut, hike or hold rates has billions of dollars riding on it, the most visible being the potential change in millions of monthly mortgage payments.”

““Common culprits include using a significant pay rise to fund a nicer car,””

“If you’re a mortgage holder, you’re not sitting − hopefully just metaphorically − in a very comfortable place this weekend.”

“… Heep forged signatures, appropriated authority and sought control of the Wickfield family and its affairs, AI may gradually acquire influence over domains once governed by human judgment, leaving us to discover too late how much authority we have…”

“Long-term yields act as a benchmark for mortgage rates, so increases in yields pose a broader risk to growth around the world.”

“Some reports on Thursday signalled the US economy may be strong enough to withstand higher interest rates.”

“But from now on, any increase in real wages will be used to make up for the pay rises foregone in 2021 and 2022.”

“The Age calculated rental rates for Melbourne’s BTR developments using Homer, a property app that tracks the prices over time of all Australian properties on the market.”