The issue with the rates is the uncertainty of how much will the hike be and when. Look at yesterday, market was not expecting a 0.5% increase, it was expected either 0.25% or 0.4% but the RBA goes and drops a bombshell of 0.5% which no one expected! RBA needs to provide more clear predictions of their intentions instead of spooking the markets with unexpected over increases like we had yesterday!
The issue with the rates is the uncertainty of how much will the...
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