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Economics3h 29m ago
HSBC chief economist Paul Bloxham believes the Australian economy is weakening enough to make additional interest rate rises unlikely, despite RBA Governor Michelle Bullock refusing to rule them out.
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Australia
Who
Paul Bloxham, Michelle Bullock, Reserve Bank of Australia (RBA)
What
HSBC chief economist Paul Bloxham believes the Australian economy is weakening enough to make additional interest rate rises unlikely, despite RBA Governor Michelle Bullock refusing to rule them out.
When
Wed, 17 Jun 2026 01:52:09 GMT · 3h 29m ago
Where
Australia ·
Why
Weakening economic conditions, including falling employment and easing consumption, suggest that the current tightening cycle may be at an end.
The Frontline Impact
How this affects you
Homeowners may see a reprieve from rising repayments as a leading economist predicts further interest rate hikes are increasingly unlikely, though the RBA maintains a watch on inflation and potential future increases.
Story chain
3 events in this thread- Economics3h 29m agoHSBC chief economist Paul Bloxham believes the Australian economy is weakening enough to make additional interest rate rises unlikely, despite ongoing inflation concerns.Open article
- Economics3h 29m agoHSBC chief economist Paul Bloxham believes the Australian economy is weakening, making further interest rate rises unlikely, despite the RBA Governor Michelle Bullock not ruling out increases.Open article
- Currently Reading3h 29m agoHSBC chief economist Paul Bloxham believes the Australian economy is weakening enough to make additional interest rate rises unlikely, despite RBA Governor Michelle Bullock refusing to rule them out.