Former Reserve Bank of Australia board member Warwick McKibbin has rubbished predictions from economists that interest rates could be cut as early as May, saying borrowing costs are unlikely to fall “any time soon”.
Warwick McKibbin: “I am surprised people expect interest rates to fall any time soon.” Renee Nowytarger
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John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s first election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com