The Reserve Bank of Australia continues to equivocate about the outlook for interest rates, given uncertainty over the extent of spare capacity in the economy. However, with wage pressures showing signs of easing and firms reporting softer growth in output prices, we still expect disinflation to take hold in the months ahead. Accordingly, we're sticking to our view that the Bank will resume its easing cycle late 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:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services