RBA: Rates to remain unchanged for the foreseeable future – UOB

Lee Sue Ann, Economist at UOB Group, suggests the RBA will refrain from acting on rates for the time being.

Key Quotes

“We think the next QE taper will be in February next year, by which the rebound in the economy will be evident.”

“As for the cash rate target, we still expect that the first rise will occur only in early 2024.”