CBA has joined the lenders cutting the buffers rate to 1% for certain borrowers, despite the Council of Financial Regulators saying 3% was appropriate....
The Fed lifted rates again to 5 to 5.25%, but the press conference did not go to plan and the markets turned to thinking...
This past year or so has seen a massive creation of liquidity across the world as Central Banks ramped up their Quantitative easing programes...