Australia's Big Four banks are betting on a Cup Day rate rise, and it's not because of inflation
Australia's Big Four banks are betting on a Cup Day rate rise, and it's not because of inflation
www.abc.net.au Australia's Big Four banks are betting on a Cup Day rate rise, and it's not because of inflation
Why on earth would Australia's Big Four banks be expecting the Reserve Bank to lift rates on Melbourne Cup Day when Australians are buying less than a year ago and annual inflation is heading down, asks Peter Martin.
Get ready for more rate increases, looks like this could be the last one we get. If we get one now December is unlikely. US Fed is also backing off IR increases so good news is some sense.
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