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The New Daily

Business

Peter Martin

Interest rates to remain low in 2022 as real wages fall: Economists

Reserve Bank Australia United States

Only one economist surveyed by The Conversation believes the RBA will hike interest rates before the federal election. Illustration: Wes Mountain/The Conversation

Australia’s leading forecasters expect the Reserve Bank to resist pressure to lift interest rates all year, despite rising interest rates overseas, much higher inflation, plunging unemployment, and financial market traders pricing in two hikes in the next six months.

The 24-person forecasting panel assembled by The Conversation also predicts:

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