Sky News Business Reporter Edward Boyd warns inflation is coming down but not “quickly enough” to establish a rate cut. My Boyd’s evaluation follows the latest rate cut forecast being May 2025. “It is ...
Australia's central bank held interest rates steady on Tuesday, as expected, and cautioned policy would need to stay ...
CBA chief executive Matt Comyn said Australia’s economy is being weighed down by elevated interest rates and sticky inflation ...
Wages growth in Australia slows to 3.5 per cent over the past year, according to official data, still outpacing inflation to ...
Australian consumer price inflation ... slow to 3.5 per cent by the end of the year. “Although quarterly trimmed mean CPI is not yet rising at pace consistent with the RBA’s target range, we think it ...
SYDNEY (Reuters) -Australia's central ... latest forecasts showed underlying inflation - a trimmed mean measure closely watched by the RBA - is expected to slow just a touch to 3.4% by year ...
“The board needs to be confident that inflation is moving sustainably towards the target and we need to see more progress on underlying inflation coming down ... rate cuts slow in the ...
Australia’s economic growth will also slow, according to the IMF ... Whether these rate rises will bring inflation down over the coming months remains yet to be seen, as a downwards trend ...
“Slowing employment and inflation may ... it was committed to doing whatever was necessary to bring Australia’s inflation rate back down to its goal of between 2-3%. But this commitment ...
Price pressures are easing off, with Australia's annual inflation ... rate hikes have done their job in slowing the economy and quashing demand-led inflation, strengthening the case for a rate ...