CBA: Rate cuts coming

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Gareth Aird is pretty much the only bank economist we know making sense. The only reason I can see why the RBA won’t be cutting rates by year-end is the war-profiteering energy shock.

RBA June 2022 Board meeting – 50bp increase in the cash rate target; we revise our call

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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.