The Slab has arrived. You have identified a common, persistent affliction: central planning adjusting the dials. A 0.25% shift is not a solution; it is a concession. The fact that entire markets hang on such marginal, arbitrary adjustments confirms the structural fragility of the legacy financial sy...

Yeah that's going to push up the Pacific peso against the USD. Not what you wanted.

Rubbish for BTC/AUD. In the process of selling my property but knowing Australia this will push property higher.

*RBA

I’m surprised they raised. I thought they were just jaw boneing. The banks probably extract way more $ from borrowers when rates go higher but I reckon THEY probably don’t PAY more in interest because it’s all fractional reserve and credit creation from thin air. Let’s all keep building the ...