The Reserve Bank of Australia may have left interest rates at 1.5% for the 14th month today, but its growing confidence in the outlook for activity and inflation may mean it will be prepared to signal early next year that it’s getting close to raising interest rates. We still believe that subdued GDP growth and inflation will force the RBA to keep rates at 1.5% for all of next year, but the risks lie on the upside.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services