RBA to Begin Tightening in August Despite Omicron Shaving Growth in 2022 from 6.4% to 5.5%

In this note we set out some changes to our interest rate forecasts. In addition, we also assess the impact on economic growth of the omicron variant. Omicron is forecast to have its major impact on the economy in January through a contraction in consumer spending. Thereafter we expect a solid bounce back in the […]

The post RBA to Begin Tightening in August Despite Omicron Shaving Growth in 2022 from 6.4% to 5.5% appeared first on Action Forex.