this post was submitted on 05 May 2026
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RBA's decision on interest rates a choice between two evils: recession or inflation (www.abc.net.au)
submitted 1 week ago by zero_gravitas@aussie.zone to c/ausfinance@aussie.zone
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[–] zero_gravitas@aussie.zone 2 points 1 week ago

That's kind of the case in the US. They don't have variable-rate home loans, so only business borrowing is affected by the US Federal Reserve's interest rate.