Australian interest rates

Have interest rates bottomed?

David Llewellyn-Smith
Wednesday, 5 July 2017
Advertisement

Via the AFR:

A minority group of economists have dumped their forecasts that the Reserve Bank of Australia will cut official interest rates again as the global central banking tide begins to change direction.

Su-Lin Ong, a seasoned economist at RBC Capital Markets, is the latest to join the shift, saying on Wednesday she now expects the cash rate to stay at its current 1.5 per cent through until 2019.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
Twitter Share
About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.