Latest News About Economists see 2027 as earliest RBA cut

Economists recently predict no longer any Reserve Bank of Australia rate cuts until 2027, despite a small 0.4 per cent fall in Melbourne Institute's inflation gauge in June.

The central bank feels renewed scrutiny to hike rates further this year as inflation remains over target.

Australia's dollar fell toward 0.6900 as the yield curve changed, prompting market concern.

The forecasts are based on analysis by the Australian Financial Review, Nine.com.au, and News.com.au, with several economists cautioning that excessive inflation will block the RBA from cutting rates in the near term, intensifying worries about growth.