A May rate hike is no done deal, with inflation coming in firm but not alarming—leaving the RBA facing a genuine “close call.” A pause may be on the table for now, but underlying pressures mean further tightening later this year remains firmly in play.

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Stephen Miller

Stephen Miller is GSFM’s market strategist. His expertise in international economic and policy analysis, as well as domestic and global economic and financial market developments, has resulted in him becoming a regular commentator on central banks, rates and inflation.

Information provided is general information and is for educational purposes only, and does not include, or constitute as, financial product advice.