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 Commonwealth Bank of Australia Section 165d Dodd Frank Act Tailored Resolution Plan Federalreserve 2015

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Very tight labor market, which gives them the labor, it affords them to be very hawkish, but what is interesting here is that they are seeing further monetary tightening here. But there's a subtle thing is most people ask this situation is, you know, what did you do today? Why did you do what you did today? What are you going to do next is actually more important. Well, that's all. It's next like this. As soon as a monetary policy pronouncement is made, the question is what comes next? So today's hike, the 25 basis point hike, of course, was expected across the board. And frankly, I think that it's fairly broadly believed that this isn't going to be enough. There'll be at least another 25 basis point hike to three point eighty five. And then much depends on the numbers that continue to come out of Australia and also perhaps what the Federal Reserve decides to do in terms of its meeting not only this month, but in May and into mid-

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