Interest rates hit 15-year high
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RBA hikes cash rate by 25 basis points to 4.6% as oil and yields rise globally

https://marthio.com/a/rba-hikes-cash-rate-by-25-basis-points-to-4-6-as-oil-and-yields-rise-g

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It’s a likely RAISE! My forecasting system indicates an 82 percent probability of such an outcome. A rate hike seems in line with the RBA’s recent communication, the cash rate staying above the target and inflationary pressures. forecasting-cash-rate.github.io

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