Central Banks Increase Rates & How It Impacts You

In today's episode, we will go through exactly why the central banks around the world have increased the official cash rate (OCR). We will go through what the official cash rate is, who are the central banks and what they do and what effect changes to the cash rate have on real estate, stocks, and savings accounts.  Sign up to ubank, & we'll both score $20 when you sign up using my code, 69T5EYL, and make 3 purchases using your debit card or phone 🤑. I am not a financial advisor and this is not financial advice, please seek a financial advisor's help, if you require any assistance.  Keywords: RBA, RBNZ, FED, Interest Rates, Cash Rate