By now you would have read or seen various media reports about yesterday’s consumer price index (CPI) ‘shocker’. Mainstream media tend to report on market matters sparingly, so when they do, they might as well get some bang for their buck with respect to alarmist headlines. Hey, I love clickbait as much as the next word slinger, but let’s dial down the fear mongering and look at what the market and the big brokers are saying about which direction official Australian rates are headed. Unfortunately, in the cold light of the day after, it does appear both market pricing and broker views are converging on another ... (full story)