in Nov 2021
Dr Lowe – who had previously said interest rates were likely to remain unchanged until 2024 – said market expectations of a rate rise in 2022 were a “complete overreaction” to inflation pressures, adding the chance of an increase was “extremely unlikely”.
in February 2022 the rba say a rate rise was plausible.
but there were no "expectations" of the fastest rake hike in history like you claim to cause the zip SP to be decimated before the first rate increase.
its laughable you use this as a justification completely neglecting that zip meteoric rise was largely due to its global expansion plans and "expectations" of global domination operating in 14 regions. 11 of those regions are now gone. THERE NOT COMING BACK!
zip is but a minnow in the USA and will need a miracle to reach the proportional highs it did in ANZ. ANZ has fully matured imo and without new product which have been in the pipeline for years now or increasing fees yet again I think they have peaked....
do you remember when inflation was high and holder on here were saying how consumers being tight for cash would benifit zip and people would need bnpl.
is the opposite ture, with rate cuts people wont need bnpl because they have more cash? or was that holders blowing hot air for a pump? or will they be blowing hot air now for a pump......
funny stuff
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