WEEKEND ECONOMIST: The inflation equation

A modest inflation surprise should not scupper the calculus for an August rate cut, especially with an expected GDP downgrade on the horizon and weaker world growth, too.

We confirm our call for a 25 basis point rate cut from the Reserve Bank on August 6 with rates eventually reaching a 2 per cent low by the March quarter next year.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles