Why are ASX 200 bank shares plunging on Wednesday? - The Motley Fool Australia

The ASX 200 banks are all deep in the red today following yesterday’s interest rate hike by the RBA. Here’s why they’re under pressure...

S&P/ASX 200 Index (ASX: XJO) bank shares are all deep in the red in late morning trade, following on yesterdays 0.50% cash rate increase by the RBA. The higher than expected hike takes the offic… [+3313 chars]

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