Inflation returns to RBA target range
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.
Inflation officially within RBA's target band
Down from 3.5% in July and marking the lowest reading since August 2021, the monthly data means inflation finally sits within the RBA ’s 2-3% inflation target band. However, the fight against inflation hasn’t been won yet, with the central bank putting less onus on the more volatile monthly figures compared to the quarterly data.
Australian Inflation Rate Slides to 2.7% in August and into the RBA Target Range
Aussie inflation slows to 2.7%, influencing AUD/USD movement. Softer CPI sparks RBA rate cut speculation, with US home sales data key to the pair’s next move.
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.
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.
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.
Editorial: Distorted inflation figures aren’t fooling anyone
EDITORIAL: As the prospect of a rate cut before the Federal election remains distant, the Federal Government will try to ...
At 2.7%, Australian inflation is back within the RBA zone. Here’s why that matters
Australia’s inflation rate was pushed down by a 17.9% fall in electricity prices, but even the Reserve Bank’s preferred ...
Australia’s inflation eases to 3-year low in August as core inflation continues to decline
Inflation in Australia slowed significantly in August, hitting its lowest level in three years. This welcome development was ...
Inflation is down yet the RBA keeps making mistakes and it is costing you
RBA sounds rate cut alarm after denying Aussies interest relief: 'Message is clear' Royal Australian Mint responds after rare ...
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 ...
Australia inflation slows to 3-year low in August, core also trends lower
Australian consumer price inflation slowed to a three-year low in August thanks to government rebates on electricity, while ...
RBA wants to see ‘evidence’ of inflation rate coming down ‘further’ before cutting rates
Deloitte Access Economics Lead Partner Pradeep Philip says he thinks the Reserve Bank of Australia will cut rates “early in ...
Australian Dollar Weekly Forecast: RBA and Inflation May Fuel an AUD/USD Run at $0.70
The RBA is expected to hold rates at 4.35%. Investors await key insights from the press conference to gauge AUD/USD movement ...