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Why the RBA will NOT hike rates before 2024 – MacroBusiness



Markets are today busily repricing the prospects for interest rate rises around the world. This is being driven by the vaccine-led post-COVID recovery, ongoing monetary and fiscal stimulus and rising supply-side inflation associated with bottlenecks and runaway demand for goods while services are suppressed by lack of mobility.
Yesterday TD Securities argued that the RBA is not immune to these trends and the market is right to fight it on its outlook for no interest rate rises before 2024.  Is it…

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