RBA Kohler: Australian inflation is coming down but its still too high ...Middle East

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Marion Kohler, the Reserve Bank of Australia's Head of Economic Analysis, speaking at the Australian Business Economists Annual Forecasting Conference in Sydney.Headlines via Reuters: Inflation coming down but still too highIt will take some time for inflation to get back within the 2-3% target rangeExpect it to return to target range in 2025, and to the midpoint in 2026Services inflation high and broadly based, likely to decline only graduallyExpect economic growth to remain subdued in the near termHigh inflation, higher tax payments and interest rates have significantly reduced household incomesMost labour market indicators still look ‘tight’ relative to historical normsSeeing signs of eas

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