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“Dr Oliver says while short-term deposit rates largely move in line with the cash rate, longer-term term deposit rates are also shaped by government bond yields and other borrowing costs.”

“…sses and households are becoming accustomed to faster price increases and may plan for them in ways that will make inflation harder to control. - with Reuters Fed leaves rates unchanged as it awaits 'accumulation of more information' The US Federal Reserve…”

“Inflation and interest rate squeeze In a week, the Reserve Bank's interest rate setting board will decide whether to increase borrowing costs for a fifth time this year.”

“Low productivity, excess demand, the boom in artificial intelligence and the Iran war are all pushing up the cost of borrowing.”

“Dr Oliver says while short-term deposit rates largely move in line with the cash rate, longer-term term deposit rates are also shaped by government bond yields and other borrowing costs.”

“For the uninitiated, a bond is generally either a corporate or government IOU, and these debt securities can be traded by big investment groups and everyday retail investors.”

“The rally in oil prices combined with a much steeper fuel price increase has pushed inflation and government borrowing costs higher around the world and intensified fears that global economic growth might pull back without some relief.”