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MNI INTERVIEW: RBA Could Hike Again - Former Economist

A former RBA economist dissects the RBA's recent call and forecasts.

MNI (SYDNEY) - Markets should be ready for another hike by the Reserve Bank of Australia if inflation exceeds its forecasts, a former RBA economist told MNI, noting the bank likely needs to see one or two more quarters of softer inflation before easing policy. 

“If we get disappointing inflation numbers, the cash rate will increase,” said Peter Tulip, chief economist at the Centre for Independent Studies and a former senior research manager at the RBA.

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MNI (SYDNEY) - Markets should be ready for another hike by the Reserve Bank of Australia if inflation exceeds its forecasts, a former RBA economist told MNI, noting the bank likely needs to see one or two more quarters of softer inflation before easing policy. 

“If we get disappointing inflation numbers, the cash rate will increase,” said Peter Tulip, chief economist at the Centre for Independent Studies and a former senior research manager at the RBA.

Keep reading...Show less