EPISODE · Oct 17, 2023 · 4 MIN
Melbourne Cup day rate hike? Not locked in but bets are rising.
from Peter Ryan_ABC News Soundcloud · host Peter Ryan
At the moment it's still a long shot .. but bets are rising for another interest rate rise on Melbourne Cup Day. That would make the 13th hike since May last year .. adding to the stresses on household budgets hurting badly from the Reserve Bank's battle to tame inflation.
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Melbourne Cup day rate hike? Not locked in but bets are rising.
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