The Official Cash Rate is expected to remain steady.
The Reserve Bank is tipped to keep it unchanged at 5.5% at its next review at 2pm today.
Economists and commentators remain divided on whether there will be further hikes in the current cycle.
Investment Strategist and Economist at Jarden, John Carran, told Mike Hosking that inflation has been a bit weaker than expected.
He said that the labour markets have started to cool quite materially.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
24/7 News: The Latest
The latest news in 4 minutes updated every hour, every day.
Therapy Gecko
An unlicensed lizard psychologist travels the universe talking to strangers about absolutely nothing. TO CALL THE GECKO: follow me on https://www.twitch.tv/lyleforever to get a notification for when I am taking calls. I am usually live Mondays, Wednesdays, and Fridays but lately a lot of other times too. I am a gecko.