The Reserve Bank of Australia (or Reverse Bank as we like to call it) is one step closer today to admitting that it has completely messed up with its 2024 rate rise timeline. By ending its bond buying program, the RBA is setting the stage for the inevitable which will be consecutive rate rises from an ultra low level currently.
Flashnote: RBA trying to get itself out of a…
The Reserve Bank of Australia (or Reverse Bank as we like to call it) is one step closer today to admitting that it has completely messed up with its 2024 rate rise timeline. By ending its bond buying program, the RBA is setting the stage for the inevitable which will be consecutive rate rises from an ultra low level currently.
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