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If the RBA’s right, interest rates may not fall for another year. Here’s why – and what it means for next week’s budget

  • Written by The Conversation

The Reserve Bank is now assuming Australians will see no interest rate cuts this year – and quite possibly none before the next federal election, due next May.

That’s a big change compared to just three months ago. Back in February, the Reserve Bank assumed three rate cuts before the middle of the next year.

Its newly-updated...

Read more: If the RBA’s right, interest rates may not fall for another year. Here’s why – and what it means...

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