Skip to main content

Loosening cycle is not over yet

We agree with market and analyst expectations that the Reserve Bank’s new-look MPC will keep rates on hold at the conclusion of its meeting on Thursday 1st October. But with inflation set to drop sharply and the growth outlook dire, we remain non-consensus in expecting a resumption of the easing cycle over the coming months.

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.