Market expectations are for the Reserve Bank to hold its official cash rate steady this year or to increase it, but a contrary view put forward by Australia's Capital Economics suggests rates may actually fall, with a cooling real estate market acting as a catalyst. Forecasts from the big four banks range from two hikes this year to none all until late 2019. Interest rate market pricing suggests that there is an 85 per cent chance of an official cash rate hike by the end of 2018, with further increases expected beyond that. Paul Dales, Capital's economist for Australia and New Zealand, said expectations were ... (full story)