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Markets, economists still dead wrong on Australian interest rates

July 4, 2022 - 11:30 -- Admin

The AFR’s latest survey of 31 economists reveals a median forecast for the official cash rate (OCR) of 2.35% by December and a peak of 2.85%. Thus, Australia’s OCR would rise another 2.0% from its current level under the economists’ median projection. The futures market remains even more bullish, tipping an OCR of 3.0% by

The post Markets, economists still dead wrong on Australian interest rates appeared first on MacroBusiness.

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