Lates News

Australia's central bank: Recent data shows that excess demand in the economy may be higher than anticipated. Core inflation expectations for the second quarter of 2026 have been significantly revised upwards. Core inflation is expected to remain above the target range of 2-3% until the second half of 2026. The forecast assumes that the overnight cash rate will be 3.6% by the end of 2025, 3.4% by June 2026, and 3.3% thereafter.