Australia’s top economist Paul Bloxham predicts United States President Donald Trump’s tariff war will test the economy, and the Reserve Bank will be capable of only moderate interest rate cuts in 2025.
The HSBC Australia chief economist was ranked by The Australian Financial Review as the most accurate forecaster of 2024, based on his predictions for the cash rate, unemployment, and inflation last year.
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Cécile Lefort is a markets reporter based in the Sydney newsroom. Cécile worked in New York and Hong Kong writing about global capital markets. Email Cecile at cecile.lefort@afr.com