The jump in headline consumer price inflation in September won’t prevent another policy rate cut from the Reserve Bank, particularly since it was largely due to damage to farmers’ harvests rather than strength of demand. But after one more rate cut, the easing cycle will most likely have run its course.
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