Australia’s central bank chief said there are signs the economy is cooling as anticipated, though it’s still unclear if this year’s interest-rate hikes are enough t…

Markets think another rate rise this year is close to a sure thing. But given the economy’s already slowing, the RBA should sit on its hands for a while.

Despite signs that past rate hikes are working, RBA governor Michele Bullock has made clear a further increase is likely to be considered next month.