Stephen Miller says the RBA should raise rates in November or December, arguing inflation poses a greater near-term risk than further labour market weakness. He says the aggressive rate cuts in 2025 may have been a mistake and delaying action could lead to a bigger economic and employment shock later.

Watch | Stephen Miller on ausbiz

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.