-- Australia’s central bank put the world on alert that it may buck global trends by raising interest rates again, with policymakers delivering what the bond market judged to be the most hawkish shock in a year.Stocks Rise as Bullish Nvidia Call Boosts AI Trade: Markets Wrap
“The risk of an RBA rate increase is still being under-priced,” said Sean Keane, chief strategist for Asia Pacific at JB Drax Honore. “What was clear throughout the press conference was that the RBA are more concerned about inflation than they were at the last meeting, and the balance of risks have swung further towards the need for a further interest rate tightening.”
Economists and money markets still see the likely next move as down, though not until 2025. That would probably result in the RBA being among the last of the major central banks to embark on an easing cycle. You can forget about risks related to short-term market volatility and buy this high-yield monthly dividend stock to expect solid returns on your investments. The post This 8.9 Percent Dividend Stock Pays Cash Every Month appeared first on The Motley Fool Canada.For investors looking at the best Canadian growth stocks to buy right now, here's one top option to consider for long-term upside.
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