The RBA lifted rates by 50bp today and dropped some hints that further tightening will be less aggressive. Even so, we still expect the Bank to hike rates more aggressively over coming months than most expect, which will weigh heavily on activity and prompt renewed rate cuts by the end of next year.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services