Australia's stubborn inflation may trigger a rate rise
A further increase in inflation in May has set back hope of an early rate cut, with a rise now possible next month
You must be signed in to read this analysis
In this article
- "Significantly higher" rates may be needed
- Closely watched trends
- Private demand
- Public spending
- Recession danger remains
- Incomes boost
- Investment push
- Labour security
- Political consequences
- Mortgage stress
- Energy schism
- Cost-of-living support
What is this?
This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.