Rba Inflation Forecast 2024. Many economists argue that it's better to address inflation. The reserve bank of australia upgraded its underlying inflation forecast almost all the way through to december 2024 as businesses pass through higher energy prices, and flooding on the east.
“rba will start cutting interest rates in may 2024 after the march quarter cpi confirms a sharp descent in headline inflation below 4 per cent,” he said, tipping the consumer price index to. The latest consumer price index (cpi) data showed inflation was 3.5 per cent in the year to july 2024, and wikramanayake said this showed australia was “running at.