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RBA Lowers Medium-Term Inflation Forecasts But Stays Hawkish

Por: MarketWatch Business February 10, 2023

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The RBA also cut its forecast for trimmed mean inflation by the end of 2024 to 3.0% from 3.25%. The downward shift reflects the expected impact of recent government policy changes to ease the pain of soaring energy prices for consumers, the RBA said. But while its medium-term forecasts have been revised down, the central bank has raised its forecast for trimmed mean inflation by the end of 2023 to 4.25% from 3.75% The RBA said it remains on... + full article



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