Rate Rise Warning Falls on Deaf Ears for Some Economists

The Reserve Bank of Australia's (RBA) governor Michele Bullock has warned that another interest rate rise is still on the cards, but economists from Goldman Sachs and JPMorgan disagree.

Bullock's message was clear: markets should start pricing in rate cuts. However, despite this warning, economists believe the next move will be a rate cut, albeit not until next year.

Nicholas Rider, an economist at one of these firms, says that 'markets should start pricing in rate cuts.'