The Reserve Bank of Australia held interest rates at 1.5% for the 19th meeting in a row today and continued to signal that a near-term rate hike is unlikely. Further ahead, with GDP growth likely to stay below potential and inflation to remain subdued, we expect the first rate rise won’t come until late 2019.
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