0500 GMT - The Reserve Bank of Australia continues to equivocate about the outlook for interest rates, given uncertainty over the extent of spare capacity in the economy, says Abhijit Surya, an economist at Capital Economics. However, with wage pressures showing signs of easing and firms reporting softer growth in output prices, Surya still expects disinflation to take hold in the months ahead. As a result, he's sticking with the view that the RBA isn't done cutting interest rates, and will resume its easing cycle late next year. (james.glynn@wsj.com; @JamesGlynnWSJ)
(END) Dow Jones Newswires
November 21, 2025 00:00 ET (05:00 GMT)
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