Australia's central bank sees core inflation stuck above target out past mid-2026

Inflatie

Australia's central bank now sees core inflation staying stubbornly above its target band out to the middle of 2026 as consumer demand and house prices pick up faster than expected, seemingly limiting room for further cuts in interest rates. The Reserve Bank of Australia was widely expected to hold rates at 3.60% on Tuesday as an uncomfortably high reading on third-quarter inflation crushed any hopes of a cut. It had eased policy three times this year in February, May and August. In its

din zilele anterioare