Aussie mortgage holders burn like its 1989
The Reserve Bank of Australia’s (RBA) preferred inflation measure, trimmed mean inflation, rose from 3.6% to 3.7% in the September quarter, exceeding the RBA’s forecast of 3.5%. With trimmed mean inflation tracking well above the RBA’s target band of 2% to 3%, financial markets are pricing in an 80% probability that the official cash rate The post Aussie mortgage holders burn like its 1989…
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