Normal
Looking at the daily 90 day rate data for the last 3 years, the RBA's cash rate target has lagged the 90 day rate by an average of 0.18%.As of the 1st of Dec with the interest rate target at 3.75%, that lag is 0.27% which is still higher v's the average lag - implying the RBA could raise rates again should the 90 bill rate climb only a little higher into the next RBA meeting.And for those that are wondering - Yes, I do have better things to do :
Looking at the daily 90 day rate data for the last 3 years, the RBA's cash rate target has lagged the 90 day rate by an average of 0.18%.
As of the 1st of Dec with the interest rate target at 3.75%, that lag is 0.27% which is still higher v's the average lag - implying the RBA could raise rates again should the 90 bill rate climb only a little higher into the next RBA meeting.
And for those that are wondering - Yes, I do have better things to do :
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