RBA Rate Cut Unlikely, Says Jupiter Asset’s Sheikh

The video discusses the Morrison budget and the Reserve Bank of Australia's (RBA) approach to fiscal policy, highlighting Australia's alignment with the Asian easing cycle. It examines the impact of RBA policies on the Australian housing market, influenced by the royal Commission's tightening measures. The discussion extends to global central bank policies, focusing on the challenges of strong employment but missing inflation, and the potential implications of the Phillips curve in the US economy.

What concerns do central banks have regarding inflation expectations?

What signs of inflation are mentioned in the text, and why are they considered tentative?