ANZ: There has never been as big a disconnect between RBA language and market pricing

Strange times indeed as the wrold recovers from the pandemci and massive central bank response.

ANZ here in Australia on the Reserve Bank of Australia:

There has never been as big a disconnect between the RBA’s language and market pricing as exists now.

anz rba 20 May 2022

Markets are looking for a lot more rate rises from the RBA than perhaps the bank is prepared to delver.

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