Emerging Asia Economics Update
Australia's monetary tightening on course to resume this year
The Reserve Bank of Australia (RBA) held its cash rate at 4.75% today, as expected. Nonetheless, core inflation rose in Q1 while above-trend GDP growth looks likely over 2011-12. The upshot is that we still expect the RBA to resume its policy tightening sooner and more aggressively than the markets anticipate. We believe the cash rate will be hiked by Q3 and reach 5.75% by mid-2012.
Access to the full article is restricted to Capital Economics clients only.
If you are a client, please log in below to view this article.
Not a client?
To become a client, take a FREE Trial to receive information on services available from Capital Economics.
> Find out more
- Emerging Asia Economics Weekly
- Emerging Asia Economics Update
- Emerging Asia Economics Focus
- Emerging Asia Chart Book
- Emerging Asia Rapid Response
- Emerging Asia Economic Outlook
Our service includes
- Publications
- Website access
- Seminars & conferences
Capital Economics
The leading macroeconomic research consultancy
The selected article is from our PUBLICATION NAME HERE publication, which is available as part of our SERVICE NAME HERE service.
SERVICE NAME HERE
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nam tortor lacus, fringilla eget vehicula id, sodales at felis. Phasellus porttitor nibh et nisi tempor viverra. Nullam sapien est, varius ut porta vitae, dignissim varius.
> Find out moreSubscribe now
To subscribe to this service, please contact us at our London office on (0)20 7823 5000, our Singapore office on +65 6595 5190 or our Toronto office on +1.416.413.0428. Alternatively please email us at publications@capitaleconomics.com