RBA to take a breather before cutting rates further

We expect the Reserve Bank of Australia to take a breather and leave rates on hold at 1.0% at its upcoming meeting on Tuesday the 6th of August following the back to back rate cuts in June and July. But we think the Bank will continue to be disappointed by the Australian economy. Accordingly, the Bank will probably cut rates twice more to a new low of 0.5% by early next year.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.