All Topics / General Property / Back to back rate rise in Nov-Dec

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  • Profile photo of danielkanoondanielkanoon
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    @danielkanoon
    Join Date: 2009
    Post Count: 34
    October 7, 2009 - 5:56 am

    Ok so by now we all know that the RBA lifted its official cash rate target by 25 basis points to 3.25 per cent, after holding it at 3 per cent since April 8.
    For the last few weeks and especially the last few days, I have read a number reports which all agree that there most likely will be a back-to-back 25 basis point hikes in November and December.

    Thoughts???

    Profile photo of god_of_moneygod_of_money
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    @god_of_money
    Join Date: 2008
    Post Count: 970
    October 7, 2009 - 7:36 am

    Excellent move by RBA
    the quicker the better

    Profile photo of oneiriceroneiricer
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    @oneiricer
    Join Date: 2007
    Post Count: 56
    October 7, 2009 - 12:05 pm

    doesn't the RBA not have a meeting in Dec/Jan, due to holidays?

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