This content is created by Smallcaps Authors. [Author : John Beveridge]

Somehow the big banks managed to pull off another massive swiftie in the wake of the RBA’s latest interest rate hike. All four dutifully passed on the 25-basis point rise to their home loan customers but when it came to their deposit interest rates, they were remarkably silent. Sure, there were some targeted deposit rate […]

The post Banks raising rates on loans but not deposits appeared first on Small Caps.



from Small Caps https://ift.tt/L6M20x8

Post a Comment