Only a fortnight ago, the futures market was forecasting that the Reserve Bank of Australia (RBA) would lift the Official Cash Rate (OCR) to 3.8% by December and to 4.4% by May 2023: The futures market is slowly floating back towards reality, now tipping an OCR of 3.1% by December and 3.7% by May 2023:
The post Markets float back to reality on Australian interest rates appeared first on MacroBusiness.
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