cash rate

Workers securing pay rises are achieving large increases.

Underlying inflation remains uncomfortably high.

Past rate hike cycles have seen tight monetary policy to control inflation.

Strong unit labour costs account for the bulk of high domestic inflation.

The RBA is worried by high inflation and wants to anchor expectations.

A central bank will prioritise financial stability over dealing with high inflation if the instability evolves into a financial crisis.

The RBA will consider pausing in raising rates at its April board meeting.

With the La Niña weather pattern inundating us with rain this past year, it’s hard to imagine that drought is looming, but as central banks continue to tighten, the...

The RBA has increased its cash rate again but slowed the pace to +0.25% which took the cash rate to 2.6%. This was in line with our view and a slowing “at some...

At the time of writing, market pricing is looking for the cash rate to reach 3.20% by the end of 2022, which would be an even faster-tightening cycle than that seen...