Weaker growth paves way for a February rate cut
Weaker than expected economic growth has triggered a reassessment in financial markets of the likely timing of the Reserve Bank starting to ease monetary policy.
Weaker than expected economic growth has triggered a reassessment in financial markets of the likely timing of the Reserve Bank starting to ease monetary policy.
The Reserve Bank is struggling to bring demand and supply into balance in its fight against inflation.
Framing the federal budget just got a lot harder as the ‘last mile’ in taming inflation globally is turning into a marathon.
Markets are taking an each-way bet on whether the Reserve Bank makes another 25bps rate rise at its December meeting or brings hikes to a halt for the summer break.
Original URL: https://www.theaustralian.com.au/author/paul-brennan