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"23% of our experts correctly predicted the RBA would increase...

  1. danbradster
    6,155 Posts.
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    03/05/22
    14:46
    Post #: 61174327
    "23% of our experts correctly predicted the RBA would increase the cash rate at its meeting on 03 May 2022."

    So most economists were expecting RBA to keep their head in the sand. But RBA has gone against economist expectations and raised, which matches market expectations (this time).

    The market expecting big changes.

    https://hotcopper.com.au/data/attachments/4311/4311680-7b7bbfe444765e16817ab49438edd13a.jpg
    SWF Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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