The weather vane of financial market interest rate forecasts has swung hawkish following stronger-than-expected CPI inflation prints. As illustrated below by Justin Fabo from Antipodean Macro, financial markets are now pricing a potential 25 bp hike in the cash rate in 2026: The Melbourne Institute’s trimmed mean inflation gauge, which rose solidly again in November,
The post RBA tipped to hike interest rates appeared first on MacroBusiness.