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AAP
AAP
Politics
Jacob Shteyman

DARK SECRETS: Nation readies itself for rates that stop inflation | Vintage Vibes

Financial markets are heavily tipping the Reserve Bank to hike interest rates on Melbourne Cup day. (Joanna Kordina/AAP PHOTOS)

The safest money on Melbourne Cup day is on a rate rise.

Bond markets and most economists have swung in behind a Reserve Bank of Australia rate hike on Tuesday after hot inflation figures and hawkish commentary from governor Michele Bullock the previous week.

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