Despite the surprise on this move we retain our forecast that the terminal rate in this cycle will be 3.6%, with a series of 25 basis point moves out to March 2023 (previously February 2023). The Reserve Bank Board decided to increase the cash rate by 25 basis points to 2.60%. This was a lower […]
The post RBA Board Ssurprises with a 25 Basis Point Increase in the Cash Rate appeared first on Action Forex.
Perhaps the most surprising part of Marvell Technology (MRVL) ‘s earnings is that it didn’t surprise investors. The AI semiconductor company lost nearly 20% of its market value on March 6 even as its fiscal-fourth-quarter Read more…
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