Fun fact: When RBA last hiked rates in November 2023 to 4.35%, it was forecasting inflation to be 3.9% by June Q 2024; 3.3% by Dec Q 2024. In March Q, it has cascaded to 3.6%: likely to be around that for June Q & sub 3% in Dec Q with monetary policy where it is. Just saying

I am so glad the inflation target of the RBA was not lowered as some folk were suggesting a few years ago

Here are the best & worst performing #ASX200 stocks this week. ResMed $RMD rose most after posting solid quarterly results, while Lifestyle Communities $LIC was the hardest hit following its trading update on Tuesday. pic.twitter.com/Lj0UGl9mVm

The Aussie market ended steeply lower on Friday, with the #ASX200 index falling by 107pts or 1.4%, one of the largest single session declines all year. All 11 sectors ended in the red. The falls continue to be driven by concerns around interest rates. $BHP weighed heavily -4.6%.