Underlying inflation in Australia is by no means strong but, when coupled with the RBA’s financial stability concerns, it doesn’t appear to be weak enough to prompt the RBA to cut interest rates further. We no longer expect interest rates to fall from 1.5% to 1.0% this year, although we doubt they will rise before 2019
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.