Skip to main content

Resilience in consumption won’t last

The RBA Deputy Governor this week noted that the Bank is getting closer to the point where it can stop tightening, which creates some downside risks to our above-consensus interest rate forecasts. Indeed, while consumption growth seems to have held up last quarter, the outlook is looking increasingly bleak.

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


Get access