CBA shares stop falling — but the next CPI print could jolt Commonwealth Bank stock
Commonwealth Bank of Australia closed up 0.03% at A$153.27 Thursday, trading about 1.0 million shares after a sharp fall the previous session. RBA Deputy Governor Andrew Hauser said inflation remains too high, keeping rate hike risks in play. Interest-rate swaps imply a 35% chance of a February hike. CBA will report half-year results and announce an interim dividend on Feb. 11.