MarketsDebt MarketsBondsAug 12, 2026 – 4.00pmThe message from Reserve Bank of Australia governor Michele Bullock on Tuesday was crystal clear: another interest rate rise is still on the cards.Not everyone is convinced. Economists from Goldman Sachs to JPMorgan are doubling down on their bets that the next move on rates will be down, albeit not until next year.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Latest In Debt marketsFetching latest articlesMost Viewed In Markets
RBA’s blunt rate rise warning didn’t sway these economists
Investment banks expect markets will soon start pricing in rate cuts because the economy will be hit harder than the central bank expects.











