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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Australia
2 mins to read

RBA more pessimistic on inflation, but rate cuts ahead

The RBA forecasts are based on interest rates, now at 4.35%, falling to 3.5% by the end of 2025.

RBA Governor Michele Bullock. The RBA says the economy has been 'resilient.'

The Reserve Bank of Australia has revised is economic forecasts with inflation staying higher for longer but the central bank is more optimistic on unemployment and economic growth. 

The RBA’s latest Statement on Monetary Policy, released today, is more pessimistic on inflation than the previous

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Lachlan Colquhoun Fri, 10 Nov 2023
Contact the Writer: lachlan@nbr.co.nz
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RBA more pessimistic on inflation, but rate cuts ahead
Australia,
101630
true