Supplies due to conflict calmed down ade after a day after saudi arabia pledged to stabilise the market. The markets in australia, are following wall street s lead. The central bank said it might hold steady on another Interest Rate hike as well. Rate hike as well. Federal reserve rate hike as well. Federal reserve officials rate hike as well. Federal reserve officials are rate hike as well. Federal reserve officials are embracing the higherfor longer reserve officials are embracing the higher for longer strategy. Thats according to the newly released minutes in the september meeting. The readout shows while people are divided on whether the us Central Rate Hike will happen before the year is out, they seem it has spill over effects in Financial Markets everywhere. Higher rates make it more expensive for americans to take out a loan on a house or a car and makes it more expensive for businesses to borrow through loans or lines of credit, all of which slows growth. Meanwhile, the inter