The
Reserve Bank of Australia increased its cash rate by 25bp at its
monetary policy board meeting today, vs. the +50bp rate hike that was
widely (though not unanimously) expected. In his accompanying
statement Governor Lowe said...
The consensus was for a 50bp rate hike from the Reserve Bank of Australia at its October monetary policy board meeting. But, nope, the Bank has gone with +25bp. Reserve Bank of Australia...
OPEC+ is widely expected to announce it'll cut its oil output by 1mn (or more) barrels per day at Wendesday's meeting:Goldman Sachs on why OPEC+ wpould cut:"The collapse in investor participation, driving liquidity...
