Interest Rates Press Releases

The paradoxical result is that the Reserve Bank retention of protracted higher interest rates to help reduce inflation may now be perpetuating a new inflationary cycle, primarily driven by increasing council rates, insurance, and business operating costs.

Wharton Wealth Planning, LLC, a New York-based independent fee-only fiduciary financial advisor, believes many areas in the fixed income markets are attractively priced and that it is likely not be the best idea to over-allocate to cash right now.

Key takeaways: Even after six straight weeks of gains, markets remained in holiday mode last week, with stocks marking their seventh week of positive returns.

The recent surge in interest rates has been the dominant driver across financial markets of late.