Steven FengJun 24, 20222 minHow's RBA interest rate impact our daily lifeWhat is RBA and their responsibility The Reserve Bank of Australia (RBA) is Australia's central bank and derives its functions and powers...
Steven FengJun 23, 20222 minThe inflation solutionCurrent Australia Inflation The annual inflation rate in Australia surged to 5.1% in Q1 of 2022 from 3.5% in Q4, surpassing market...
Steven FengJun 17, 20221 minThe Fed raises interest rates by 0.75%, the highest increase in past 28 yearsIn order to face global pandemic stimulate public lending more from the bank, the Federal Reserve lowered the interest rate by 1.5% down...
Steven FengJun 16, 20221 minWhat is DTI, and how to CalculateDTI stands for Debit to Income Ratio, it is the ratio of total monthly debt repayments to total monthly gross income. Total Monthly debt...