Well, it is an election year next year, they will be trying to hold back any further rate rises, even if inflation is still high.
With all the billions they are printing for these wars and geopolitical issues, the high oil prices and the increased debt payments on the almost 34 trillion, I can't see inflation dropping too much any time soon.
It looks like a rate rise is locked in for Australia next week regardless of what happens in the USA. Inflation is still nuts, you just have to go grocery shopping to see how ridiculous it has become...
Chart - BPT, page-655
Add BPT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.50 |
Change
0.000(0.00%) |
Mkt cap ! $3.422B | |||
| Open | High | Low | Value | Volume |
| $1.51 | $1.52 | $1.49 | $6.922M | 4.618M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 390051 | $1.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.51 | 165061 | 4 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| BPT (ASX) Chart |