Australia’s central bank is likely to highlight the interval between building economic momentum and faster price gains as well as renewed risks from a new coronavirus variant in its final meeting of the year. All economists surveyed see the Reserve Bank holding its cash rate at a record-low 0.1% on Tuesday. On the policy outlook, markets see rate liftoff in May, well ahead of Governor Philip Lowe’s expectation of a first hike around 2024, underlining a growing disconnect between investors and policy makers. “Australia’s economy is re-opening and a faster-than-expected recovery in activity is underway,” said Paul ... (full story)