RBA Governor Phil Lowe’s statement that the Board was closer to a pause was interpreted by financial markets as a marginally dovish signal. However, with inflation yet to fall in earnest and the economy on an even keel for the time being, we’re sticking with our forecast that the Bank will push ahead with another two 25 bp rate hikes.
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