Robert Herjavec ‘not a big fan’ of the US Federal Reserve

Australia News News

Robert Herjavec ‘not a big fan’ of the US Federal Reserve
Australia Latest News,Australia Headlines
  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 78%

Shark Tank investor Robert Herjavec has revealed he is “not a big fan” of the US Federal Reserve, claiming they have raised interest rates way too quickly.

“I think Sydney, and Australia in general, is one of the most expensive places to live and I

think a lot of people are dealing with a lot of consumer debt,” he told Sky News host Sharri Markson.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

SkyNewsAust /  🏆 7. in AU

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cost of living in Australia is ‘incredibly high’: Robert HerjavecCost of living in Australia is ‘incredibly high’: Robert HerjavecUS Shark Tank investor Robert Herjavec thinks Australia is an incredible place to live, but the minimum wage and cost of living are “incredibly high”. He said interest rates in Australia are not that high compared to the rest of the world. “I think for the average consumer, when interest rates keep going up, it’s going to be very, very challenging,” Mr Herjavec told Sky News host Sharri Markson.
Read more »

Federal government to rewrite cyber laws after Optus, Medibank hacksFederal government to rewrite cyber laws after Optus, Medibank hacksAustralia's home affairs minister says the nation's cyber laws were 'bloody useless' during the Optus hack, as the federal government announces an overhaul of cyber policy.
Read more »

Chris Bowen 'not proposing' federal funding to help with NT government promise to offset Beetaloo emissionsChris Bowen 'not proposing' federal funding to help with NT government promise to offset Beetaloo emissionsThe Northern Territory government is seeking to downplay growing doubts about how it will ensure all greenhouse gas emissions from fracking in the Beetaloo Basin are offset, with the federal government appearing to rule out providing any dedicated support.
Read more »

ASX to drop as hot US inflation ignites recession fearsASX to drop as hot US inflation ignites recession fearsAustralian shares are set for a weak open on Monday after US inflation data came in hotter than expected, intensifying concerns that the Federal Reserve will need to keep lifting interest rates which could tip the world’s largest economy into recession.
Read more »

US markets warned interest rates to rise ‘faster than expected’US markets warned interest rates to rise ‘faster than expected’Fears are growing the US Federal Reserve will increase interest rates faster than expected after the core PCE inflation rose 0.6 per cent for the month of January, according to The Switzer Report Founder Peter Switzer. “This week will be a real big test with the data drop that comes following that PCE number,” Mr Switzer told Sky News Australia. He said the market would have “cheered” a lower figure such as 0.4 or 0.3 per cent.
Read more »



Render Time: 2025-03-05 00:41:11