Will the Bank trick the favourite betters again?
Those positively un-Australian people who gather around the Reserve Bank Board table every Melbourne Cup Day are the kind of narks who would just love to upset favourite backers so take the short price about a half a percent fall in interest rates at you peril. Last month they surprised the market by going for a full one percent reduction when the half was the odds on pick and maybe they'll do it again. Here's the latest latest Crikey Indicator on the November decision:
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