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The shifting signals for next year

Interest rates are a powerful influencer, but investors will also be wary of signs of renewed trade wars and the impact of geopolitical conflicts.

For investors, 2025 was the year of gold, a crypto boom (and bust) and growing concerns about an AI bubble.

Interest rates fell around the world due to lower inflation and weaker labour markets, while in Australia, the Reserve Bank cut the cash rate three times, taking it to 3.6 per cent.

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is a journalist based in The Australian Financial Review’s Sydney office. He was previously a policy analyst at Treasury. Email Luke at luke.kinsella@nine.com.au

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    Original URL: https://www.afr.com/policy/economy/the-shifting-signals-for-next-year-20251123-p5nhpz