Market watches with bated breath if inflation has stalled
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Bond investors are cautioning that expectations of imminent rate cuts are a touch too aggressive, even after traders have dialled back their bets.
The pain may not be over for businesses as consumers slash spending amid higher borrowing costs and cost pressures.
The big banks are predicting interest rates will remain below 2 per cent this year despite the markets pricing in a rate closer to 2.5 per cent. Westpac is the most bullish, revealing on Wednesday i
The repatriation of global supply chains will amplify consumer price pressures, making the task of fighting inflation harder.