Cash rate up 0.25% to 4.35%, Likely peaked, but 40% chance of one more hike
Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses the cash rate. Key pointsThe RBA raised its cash rate by 0.25% taking it to 4.35%.The RBA retained a tightening bias underpinned by relatively hawkish commentary in its post meeting statement but softened it somewhat.The move was in line with the consensus […]
Cash rate up 0.25% to 4.35%, Likely peaked, but 40% chance of one more hike Read More »