Reserve Bank of Australia (RBA) Head of Economic Analysis Marion Kohler spoke at the Australian Business Economists Annual Forecasting Conference in Sydney early Tuesday.
Reserve Bank of Australia Head of Economic Analysis Marion Kohler spoke at the Australian Business Economists Annual Forecasting Conference in Sydney early Tuesday. The RBA's Kohler highlighted uncertainty within current inflation projections for the Australian economy, but expects price growth to ultimately return to heel sometime in 2025.
Key highlights: Inflation to return to target range in 2025, and reach the midpoint by 2026. It will still take some time for Australian inflation to reach the 2-3% target. Inflation is coming down slowly, but remains far too high. Australian labor market remains too tight compared to historical norms. RBA's Kohler sees signs of easing wage pressures, particularly in business services. Expects further adjustments in labor market to occur via a drop in average hours worked.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Mini presents gas-engine 2025 Cooper and 2025 Cooper S | Car NewsMini presents the 2025 Cooper and 2025 Cooper S, gas-engine editions. The models with design similar to the new Cooper EV will debut in April.
Les mer »
2025 Porsche Taycan Prototype Test Reveals Greater Range, Quicker ChargingWhile the methodology isn't up to our typical snuff, some very early seat time in Porsche's updated EV gives us many reasons to be excited.
Les mer »
2025 Audi RS 6 Avant GT channels IMSA GTO history for swan songThe 2025 Audi RS 6 Avant GT pays homage to the iconic IMSA race cars of the '90s and marks the finale of the current model.
Les mer »
2025 Kia K5 gets new look, more power, and better tech in ChicagoGet in-depth info on the 2024 Kia K5 including prices, specs, reviews, options, safety and reliability ratings.
Les mer »
Houston ISD to start 2024-2025 school year 2 weeks early; board approves new academic calendarSchool board officials with Houston Independent School District approved the 2024-2025 school district during a meeting Thursday evening.
Les mer »
2025 Porsche Taycan unveiled with numerous design and powertrain changesThe 2025 Porsche Taycan receives a long list of updates including a new-look design, quicker acceleration, more features, and a higher base price.
Les mer »