Given that the economy has coped better with the pandemic than the Reserve Bank of Australia (RBA) had anticipated, the Bank probably won’t provide additional easing over the next few months. However, we still expect inflation to fall more sharply than the Bank currently anticipates. As such, we still expect the Bank to resume its bond purchases before long to bring down long-term interest rates.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.