Macquarie Group stock price holds steady as rate-hike bets rise ahead of RBA call
Macquarie Group shares closed up 0.02% at A$212.18 after a volatile session. Australia’s core inflation rose 0.9% in the December quarter, pushing market odds of a Reserve Bank rate hike next week to 73%. The S&P/ASX 200 index fell 0.7%. Aviation Capital Group exited the bidding for Macquarie AirFinance.