Adenaan Hardien
Adenaan Hardien
adjustment bottom continue debt impact incredibly interest levels line major remains rise serving spending
The bottom line is that credit-based spending remains incredibly strong. Debt levels continue to rise and if there is any upward adjustment to interest rates, that would have major impact on debt serving costs.
economy-and-economics good
It's very encouraging and confirms how good things are going in this economy.
ally bank certainly concerned fairly growth leave numbers rates reserve slow strong unchanged
There has been a slow down in real growth, but at 5,6% growth is still fairly strong. If the Reserve Bank was concerned before about strong demand, these numbers would certainly not ally those fears. We still think the bank will leave rates unchanged this year.