As Inflation rises in the US the US Federal Reserve will begin raising the cash rate and interest rates will go up this will have a significant knock on effect to Aus Big Four Bank Interest rates as the US is where they loan a decent portion of their money from to Loan to Aus Consumers.
The big four have delinked themselves from the Reserve Bank of Australia a long time ago.
The big question is when will variable interest rates start to rise as this is when the real trouble will begin.
