RBA Raises Cash Rate to 4.35% in May Monetary Policy Meeting, as Expected

Prior 4.10% Statement details to follow... Prior 4.10% Statement details to follow... Coming into the meeting, traders were pricing in ~85% odds of a 25 bps rate hike with ~61 bps of rate hikes priced by year-end. More to come.. This article was written by Justin Lo

Prior 4.10% Statement details to follow…

Prior 4.10% Statement details to follow… Coming into the meeting, traders were pricing in ~85% odds of a 25 bps rate hike with ~61 bps of rate hikes priced by year-end.

More to come.. This article was written by Justin Low at investinglive.com.

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