Are we there yet? When will RBA reach the end of its inflation battle

The Reserve Bank’s big interest rate juggle has reached a critical moment.

Michael ReadEconomics correspondent

Aug 4, 2023 – 2.58pm

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If you believe Westpac chief economist Bill Evans, the RBA’s next move is more likely to be a cash rate cut than a rate rise.

The veteran economist thinks the RBA has probably done enough, having lifted the cash rate by a massive 4 percentage points since May 2022 as it battles the most acute inflation outbreak in decades.

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Michael ReadEconomics correspondentMichael Read is the Financial Review's economics correspondent, reporting from the federal press gallery at Parliament House. He was previously an economist at the Reserve Bank of Australia and at UBS.