Economics
RBA Tightening Cycle Confined by Falling Real Wages: Barrenjoey
- Barrenjoey’s Jo Masters sees RBA’s terminal rate at around 2%
- Masters sees higher than normal degree of economic uncertainty
This article is for subscribers only.
Follow us at Twitter and Facebook for the latest, and sign up to get the Bloomberg Australia newsletter in your inbox.
Australians’ living standards are set to drop over the next 12 months, constraining the Reserve Bank’s tightening cycle when it begins raising interest rates as soon as Tuesday, according to Barrenjoey Markets Pty.