Increasing evidence is mounting to suggest rate hikes are beginning to bite, with a fall in real retail sales for three quarters in a row, a sharp slump in building approvals and slowing GDP growth.
AMP's Chief Economist, Dr. Shane Oliver makes the case for why we are likely at the peak for interest rates in Australia in 2023, arguing the RBA has done more than enough to bring inflation back to target.
Read Oliver's insights here: www.amp.com.au/insights-hub/blog…ustralian-economy
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