Inflation Falls Within Target Range
Australia: Inflation Falls Within The Target Range
The headline inflation rate has fallen within the Reserve Bank of Australia’s target range for the first time since October 2021.
Inflation falls to within RBA's target limit but economists cautious about overall picture, ASX closes lower
The annual rate of headline inflation fell to 2.7 per cent in August, down from 3.5 per cent in July. The Australian share market closed lower. Look back on the day's events and insights with our specialist business reporters.
Australia’s Headline Inflation Rate Falls Back to Target
Australia’s headline inflation rate fell within the Reserve Bank of Australia’s target band for the first time since 2021 in August, but economists warn that this won’t trigger an immediate interest-rate cut.
RBA does ‘not’ see inflation returning sustainably to target ‘until 2026’
The Reserve Bank does not see inflation returning sustainably to target “until 2026”, even though headline inflation is “expected to fall further temporarily” because of cost of living relief.
SBS On the Money: Inflation has slipped into the RBA's target band so what does that mean for interest rates?
Inflation has slipped into the RBA's target band so what does that mean for interest rates? SBS Finance Editor Ricardo Gonçalves discusses with Johnathan McMenamin from Barrenjoey and Hebe Chen at IG Markets,
Inflation falls to within RBA target range, , but rate cut still in doubt
A drop in inflation to 2.7 per cent shows a continued moderation but comes too late after the Reserve Bank kept interest rates on hold.
RBA governor Michele Bullock says rates won’t decrease until Australia lowers underlying inflation
The Reserve Bank has flagged Aussies are unlikely to see any reprieve in interest rates until inflation returns to “sustainable” levels.
Both headline and underlying inflation ‘coming down’ in Australia
Deloitte Access Economics Lead Partner Pradeep Philip says both headline and underlying inflation are “coming down” in Australia.
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