Concerns that potential recession in US could affect Australia's economy | 9 News Australia

Concerns that potential recession in US could affect Australia's economy | 9 News Australia

analysis: The US Federal Reserve is tightening monetary policy, and it's likely to impact Australian households/ By David Taylor Mortgage borrowers and renters may be slugged with higher monthly payments than even the most pessimistic forecasts currently suggest, and the Reserve Bank won't be to blame. Instead, it's the US Federal Reserve that may absorb the wrath of Australian households. The reason is simple. The more the US Federal Reserve tightens its monetary policy, or raises its Federal Funds rate, …