TLDR & TLDL: The outlook for interest rates just got a bit flatter because the Reserve Bank signalled yesterday it is unlikely to start hiking on October 4 with a whacking 50 basis point rise in the Official Cash Rate. It is instead more likely to hike just 25 basis points to 0.5%.
Listen to this episode with a 7-day free trial
Subscribe to The Kākā by Bernard Hickey to listen to this post and get 7 days of free access to the full post archives.
