Global interest rates peaking out: Policy rates set to fall

November 8, 2023

Pete Wargent

Pete Wargent is one of Australia’s most highly respected financial and housing market analysts. He’s also a six-time personal finance and investing author, and writes one of Australia’s most followed finance blogs – petewargent.blogspot. Pete walks the talk when it comes to investing, and he gratefully parked his career in accountancy, having achieved financial independence at the age of 33, as detailed in his best-selling first book, Get a Financial Grip: a simple plan for financial freedom. Pete is uniquely positioned to comment on housing markets as the co-founder of an active property buyer’s agency in Brisbane, combined with his unparalleled ability to deliver powerful, data-driven market analysis. Pete also runs a personal wealth coaching business.

More analysis

It increasingly looks like interest rates globally are at a peak.

With inflation coming down, markets are looking for interest rate cuts in the US, the Eurozone, and the UK over the next couple of years.

You can also add Canada and New Zealand to the list of developed countries where interest rates have already gone more than far enough to cool the economy substantially.

In Australia, insolvencies reported by ASIC for the month of October were 43 per cent higher than a year ago.

When central banks cut interest rates, they normally need to do so quickly, and by a lot.

One of Australia’s most highly respected financial and housing market analysts.

Pete is in demand as a public speaker and markets commentator, appearing at high-profile events including the flagship UBS European Conference in London.

Enquire today about Pete’s 1-to-1 coaching or property buying services.

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Global interest rates peaking out: Policy rates set to fall

Pete Wargent

Pete Wargent

One of Australia’s most highly respected financial and housing market analysts.

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