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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Australia
2 mins to read

No rate cuts on RBA agenda as inflation fight continues

After wrestling with inflation in 2023 the RBA ends the year still prepared to hike rates further.

While economists are expecting rate cuts in late 2024 there is no indication that this is on the RBA agenda yet.

After being later than other central banks to hike interest rates the Reserve Bank of Australia might now be late to move into an easing cycle. 

This is suggested in the minutes of the RBA’s last meeting for 2023, released today, in which the bank noted that market expectations for policy rates in

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Lachlan Colquhoun Tue, 19 Dec 2023
Contact the Writer: lachlan@nbr.co.nz
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No rate cuts on RBA agenda as inflation fight continues
Australia,
102207
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