The Kākā by Bernard Hickey

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Wednesday's pick 'o the links

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Wednesday's pick 'o the links

RBA hikes 25 bps to 3.35% and talks hawkishly about more; BP dials back de-carbonisation push as profit doubles to record US$28b; Chart of the day; Profundities; Fun things

Bernard Hickey
Feb 7
15
5
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Wednesday's pick 'o the links

thekaka.substack.com

TLDR: For paying subscribers, here’s the key scoops, breaking news and key links I’ve picked up this morning, as at 6.40 am, including:

  • the Reserve Bank of Australia hiked its official cash rate to a 10-year high and warned of more hikes to come, which was more hawkish than expected; RBA

  • BP wound back its de-carbonisation plan after doubling its annual pr…

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