Why the RBA is highly unlikely to lift interest rates next week, even as inflation climbs
- Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University
The inflation figure due to be released today is different than most. It’s focusing the minds of politicians as well as economists.
Inflation has been falling for the past five quarters, getting closer and closer to the Reserve Bank’s target band.
At the last quarterly read, three months ago, it wasn’t far away. Inflation came in...
Read more: Why the RBA is highly unlikely to lift interest rates next week, even as inflation climbs
