The Reserve Bank of Australia insists that interest rates are likely to be anchored near zero until around 2024, but money markets are pricing in about four cash rate increases totalling 1 per cent next year.
RBA governor Philip Lowe: Many investors feel betrayed by the central bank.
Dominic Lorrimer
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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
