Kincella
Not sure if you have been watching bank wholesale funding costs. They have blown out close to GFC levels. If they remain elevated don't be surprised to see an out of RbA cycle variable rate increase or for the banks to not pass on an RbA cut if it comes
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- interest rates on hold and going down-whoops
KincellaNot sure if you have been watching bank wholesale...
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Glen Diemar, MD
Glen Diemar
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