Australian EconomyAustralian interest rates

All signs point to falling inflation and interest rates

Leith van Onselen
Advertisement

Inflation is falling across the advanced world. As a result, monetary policy is easing globally, as illustrated below by Justin Fabo from Antipodean Macro:

Central bank policy rates

As shown above, the decline in official interest rates has lagged other advanced nations.

The recent local data shows that inflationary pressures in Australia are rapidly easing.

Advertisement

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
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.