VIDEO: Global banks warns of tipping point for Australian superannuation ar interest rates rise

Global banks warns of tipping point for Australian superannuation ar interest rates rise. What would it take to put the global economy into a tailspin? The Bank of America, which is worth roughly $US275 billion, and dependent to a degree on functioning financial markets, is asking itself that question. The answer, it says, lies is Federal Reserve funds rate above 5 per cent.