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Culture > Australian > Re: Do interest...
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Re: Do interest rates cause inflation?

by "Becko" <beckonospam@[EMAIL PROTECTED] > Feb 10, 2008 at 08:03 PM

"Sir John Howard" <pmjwhowardi@[EMAIL PROTECTED]
> wrote in message 
news:395e81e2-b975-4e1b-bb79-52338dc22917@[EMAIL PROTECTED]
> It would appear so.
>
>
>
http://news.smh.com.au/employers-still-hunting-workers-data/20080210-1rbb.html
>
> Mr Olivier said with near full employment, rising interest rates were
> pu****ng up salary demands.
>
> "The rise in people's mortgages means that recruiters are seeing
> people who are job hunting to reach the salary targets they need," he
> said.
>
> Mr Olivier said higher mortgage repayments meant previously full-time
> child carers could be forced back to work.
>
> The fall in value of some superannuation funds could cause others to
> reconsider imminent retirement.
>
> Both trends would help raise the participation rate, or, in the
> absence of rising demand for workers, push unemployment up, Mr Olivier
> said.

A load of B.S
 




 1 Posts in Topic:
Re: Do interest rates cause inflation?
"Becko" <bec  2008-02-10 20:03:06 

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tan12V112 Mon Oct 13 16:01:01 CDT 2008.