RBA rate decision due in a few hours. Economists and markets are pricing in a 25 point hike to 7.25. I would tend to agree with this consensus, but I foresee the more probable risk to this scenario is that they actually take a hold and see approach for this month. From a policy standpoint, hiking so aggressively (consistent hikes) is dangerous giving the state of credit and financial markets. Growth will not be rising for long, and inflation will fall back when food and other commodity prices ease. Just a matter of time. They just need to determine whether they can sit through an uncomfortable period of high inflation.