cut is locked in.
only question is will it be 25 or 50 bp.
i say 50 because american mortgage holders teeter on the edge and ben knows it.
last thing american banks want are millions walking away from their homes, becoming renters and those homes winding up on their balance sheets
if that happens, katy bar the door.
options expiry thursday, page-215
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Last
7,971.6 |
Change
-64.900(0.81%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,036.5 | 8,036.5 | 7,923.6 |
| XJO (ASX) Chart |