Speculation the RBA may pause interest rate rises after two US banks collapse

The closure of Silicon Valley Bank and Signature Bank has spooked central banks and intensified fears of a recession.

Traders now expect the RBA to pause its rate hikes next month and have factored in a higher likelihood of a rate cut in the coming months.

So the RBA only considering a pause due to the banking sector meltdown. Interesting that Aussie mortgage payers weren't even a consideration. The RBA works for the banks and using taxpayer money to bail them out....

This is HEAVY, this is real news Sky! Watch this and hope Australia isn't dragged into WWlll because of this. You think it's Russian propaganda or some truths?

Go on RBA push the button. Do it. You know you want to. Why prolong the agony any longer? just get it over with

What a load of crap. Inflation is still out of control.

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Speculation the RBA may of ‘done enough’ with interest ratesSky News Business Reporter Edward Boyd says there’s speculation that the Reserve Bank of Australia may of “done enough” with interest rates. Mr Boyd’s remarks come after it was revealed consumer confidence plunged to its lowest level since April 2020 following the RBA’s 10th consecutive interest rate hike. “They may already be on pause, they may not lift rates next month,” Mr Boyd told Sky News Australia. May have *May have Not of Have done
Source: SkyNewsAust - 🏆 7. / 78 Read more »