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Australian banks increased interest rates today as inflation...

  1. quickthinker
    3,517 Posts.
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    27/10/21
    17:24
    Post #: 57121092
    Australian banks increased interest rates today as inflation spikes in Australia. The USA has super inflation setting in as they lose control of the bond markets.
    They have been suppressing interest rates on bonds but couldn’t hold them down today as they spiked.
    Interest rates could go above 10% over the foreseeable future.
    COB Price at posting: 44.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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