“That’s sort of opposing that trend lower that we saw for interest rates last week because they were of the mind that
perhaps the Fed might pull back on its aggressive rate hikes because of the moderation in inflation,” he told Sky News Australia.
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ASX LIVE: Australian shares to open down, Reserve Bank interest rate decision in focusAustralian shares to fall. Wall St slides as services data challenges rate step-down bets. RBA rate decision at 2.30pm AEDT.
Source: FinancialReview - 🏆 2. / 90 Read more »
Reserve Bank lifts interest rates to 10-year highBREAKING: The Reserve Bank has delivered a pre-Christmas rate rise, taking the official cash rate to its highest level in 10 years and capping off the year’s aggressive tightening cycle. rachelclun swrighteconomy rachelclun swrighteconomy To put this into better perspective, it's an increase of $5 per day for a $750,000 mortgage. So buy one less soy late per day. rachelclun swrighteconomy AlboMP you’ve had six months to fix this. rachelclun swrighteconomy Will be very difficult for those on tight budgets. Hopefully the economy slows so we don’t have anymore next year. Definitely a shock as so many rises we haven’t seen for so long.
Source: theage - 🏆 8. / 77 Read more »
Reserve Bank lifts interest rates to 10-year highThe bank has delivered a pre-Christmas rate rise, taking the official cash rate to 3.1 per cent, its highest level since November 2012. auspol This is complete stupidity at its expert best. How many families are going to be broken up, how many more suicides, how many small bus will hit the wall, how many thousands will lose their jobs FOR WHAT. This STUPIDITY MUST BE STOPPED NOW. One day they will realise that they are the actual prime cause of inflation. We’ll ignore the weather events, war, and medical pandemic that have impacted supply and pushed up prices. RBA are using false data to back their reasons for internet rate rises.
Source: brisbanetimes - 🏆 13. / 67 Read more »
Reserve Bank lifts interest rates to 10-year highThe bank has delivered a pre-Christmas rate rise, taking the official cash rate to 3.1 per cent, its highest level since November 2012. rachelclun swrighteconomy It's alright for him on his million $ plus salary, the greedy so & so! The love of money is the root of all evil,1 Timothy 6:10. Which some, the Reserve Bank coverts after.
Source: smh - 🏆 6. / 80 Read more »
Reserve Bank raises rates for eighth straight monthThe Reserve Bank of Australia lifts interest rates by 0.25 of a percentage point, taking the cash rate target to 3.1 per cent. 🤪 Leaves that 17% in the 70s for dead doesn't it...😂 probably a good idea all things considered as a crypto bro, i have to say that i support this move, even though it will curb adoption
Source: abcnews - 🏆 5. / 83 Read more »