The International Monetary Fund's latest report on Australia is forecasting inflation to return to the target range of 2-3% only in 2026. This is later than the Reserve Bank of Australia's projection of December 2025.IMF said interest rates were tightening financial conditions in Australia, but rate rises in Oz had been behind other developed market economiesAustralia’s inflation was falling slowlyservices inflation remained highjobs market is still tight, this could further slow the drop in inflation“Monetary policy should be tightened further to ensure inflation comes back to target earlier than 2026 projected in the baseline” it argued.***The Reserve Bank of Australia next meet on Februar
Hence then, the article about the imf recommends the reserve bank of australia raise interest rates even higher was published today ( ) and is available onforex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( The IMF recommends the Reserve Bank of Australia raise interest rates even higher )