In this episode of The Broker's Lounge, Eddie and Carlo break down one of the hottest topics on everyone’s mind right now: the relationship between interest rates and inflation. What do these two financial forces mean for you, your mortgage and the overall economy?We start by explaining what inflation really is - how it’s not all bad and why economies need a bit of it to grow. But when inflation gets out of control, the Reserve Bank of Australia steps in with interest rate adjustments to help cool things down. Eddie and Carlo talk about how the RBA uses interest rates as a tool to strike the tricky balance between keeping the economy growing without tipping us into a recession.Then, they dive into what this means for everyday Aussies. How does a rise or fall in interest rates affect your spending, home-buying power and property prices? And how quickly do these changes impact inflation? Eddie and Carlo also discuss the risks involved when rates are adjusted too much, too soon.Finally, they cover what the big banks are predicting for interest rates over the next year and what that means for your mortgage. If you’re wondering whether now is a good time to lock in a fixed rate or ride the wave of variables, this episode is packed with insights to help you make an informed decision.Tune in, and get the real scoop on how these big economic moves affect your bottom line! -------Get in touch with Eddie: https://calendly.com/eddie-link/30-min-home-loan-chat Get in touch with Carlo: https://calendly.com/carlo-o8zv/30min More info: https://www.linkwealthfinance.com.au/ Our Financial Services + Credit Guide: https://www.linkwealthfinance.com.au/fscg Disclaimer: The information contained within this podcast is general in natureand does not take into account your personal circumstances. Please reach out ifyou wish to discuss your personal situation

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