Shares of Australia’s big four banks could come under pressure after the Reserve Bank raised interest rates on Tuesday, with Morgan Stanley warning that earnings could be hit by as much as 11 per cent.
Bank analyst Richard Wiles told a webinar on Wednesday that the RBA’s 25-basis-point increase to 4.1 per cent – the second move higher in as many months – could “fundamentally shift operating conditions” for the lenders.
Source: https://www.afr.com/markets/equity-markets/shares-of-big-four-banks-at-risk-after-rba-rate-rise-hold-20260318-p5on2w