Comments from Barclays on the Reserve Bank of Australia:
- Against the disinflationary backdrop, we think the RBA is likely to look through the gradual decline in unemployment.
- We are pushing back our RBA rate hike forecast to 2020, and now expect 2 hikes in H1 of 2020.
- Previously, we had expected the RBA to start hiking rates in H1 2019
-
This bandwagon is gaining momentum:
