RBA Deputy Governor Hauser says likely seen the last rate cut in the cycle and the likelihood of near term rate cuts is very low, also notes November CPI data was helpful, but largely as expected, according to ABC interview

RBA Deputy Governor Hauser says likely seen the last rate cut in the cycle and the likelihood of near term rate cuts is very low, also notes November CPI data was helpful, but largely as expected, according to ABC interview.

RBA Deputy Governor Hauser's statement suggests a shift in monetary policy outlook, indicating that the last rate cut might have occurred in this cycle and signaling low probability for near-term cuts. This tone could reinforce expectations around stable rates, which may support fixed income markets while also impacting equities as investor sentiment weighs the implications for growth and inflation dynamics in Australia.