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2025-10-30 14:03:14
[HSBC Forecasts: RBA's Next Move Will Be a Rate Hike in 2027] 1. HSBC Australia's Chief Economist, Paul Bloxham, stated that unexpectedly strong Australian third-quarter inflation data has fundamentally altered the interest rate outlook. / 2. Key Points: With core inflation unexpectedly rising instead of falling back to the midpoint of the target range, the RBA has no room for rate cuts. The next rate adjustment is likely to be a rate hike in early 2027. 2. Inflation Reversal: Core inflation has risen again, deviating from the previously expected downward trajectory. 3. Stagnant Momentum: The fight against inflation has "completely stalled." 4. Policy Shift: This change fundamentally alters the outlook for official interest rates, ruling out the possibility of a near-term rate cut. This forecast suggests that the market may need to prepare for the RBA to maintain current high interest rates for several years.
