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The Times

Top economists expect RBA to hold interest rates low in 2022, as real wages fall

  • Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University
Top economists expect RBA to hold interest rates low in 2022, as real wages fallWes Mountain/The Conversation, CC BY-ND

Australia’s leading forecasters expect the Reserve Bank to resist pressure to lift interest rates all year, despite rising interest rates overseas, much higher inflation, plunging unemployment, and financial market traders pricing in two hikes in the next six months.

The 24-person forecasting panel...

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