How Rising Interest Rates Affect Consumers

Ringgit and Sense
07/08/2014 21 min
How Rising Interest Rates Affect Consumers

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Episode Synopsis

Bank Negara recently raised interest rates by 25 basis points to 3.25%. Liew Ooi Hann talks to us about how your loans will be affected. It's not all bad news though as savers will enjoy higher interest rates.News: P2P lending democratises money Housing prices are key to inequality: Piketty Off-grid living gives power back to people New York holds $13b in unredeemed fundsTip: Saving on costs can be better than getting investment returns   See omnystudio.com/listener for privacy information.
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