The Reserve Bank of Australia on Tuesday is expected to signal plans for multiple interest rate rises over the next few months, regardless of whether it decides to increase the cash rate at May’s meeting, or waits until after the federal election.
Governor Philip Lowe and the RBA board face their most crucial cash rate decision since the pandemic hit two years ago, on track to deliver the first official interest rate rise since 2010 to arrest accelerating inflation.
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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
Vesna Poljak was The Australian Financial Review’s companies editor.
