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Showing 1 - 10 of 253 results for "core inflation"

War on inflation: Australia vs New Zealand

ELIZA BAVIN  |  WEDNESDAY, 5 MAR 2025
... get inflation under control. "GDP growth slowed to 1.1% in 2024, and the unemployment rate rose by only 0.6ppt. Core inflation has fallen more slowly and is still above the RBA's target band year-on-year, albeit projected to ease further," Bloxham ...

FOMC holds rates as Chalmers boasts 'our inflation is lower'

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... the most recent CPI measure increases the case for a February cut, but said more information is still needed. "Core inflation is heading lower but is still above target year on year in an economy that is still fully employed, with a jobs market that ...

Economist's wishlist: Lower tariffs, bond yields settling

ELIZA BAVIN  |  WEDNESDAY, 15 JAN 2025
... hope that inflation will not reaccelerate and undo the positive work done during 2024 to bring it down. "We expect core inflation to slow in 2025, below 3% per annum. However, given recent upside inflation surprises and the high likelihood of higher ...

ANZ, Macquarie bring forward rate cut expectations

ELIZA BAVIN  |  MONDAY, 13 JAN 2025
... following last week's inflation data. ANZ head of Australian economics Adam Boyton said the bank was expecting core inflation to drop to 3.2%, down from 3.5%, in December. "We think this will be enough for the RBA to cut the cash rate by 25 basis points ...

Australian economy on the up in 2025: Vanguard

ELIZA BAVIN  |  FRIDAY, 10 JAN 2025
... improvement will come despite the overhang of sticky inflation and elevated interest rates. Additionally, it predicts the core inflation rate will fall to 2.5% during 2025, and that the Reserve Bank of Australia's (RBA) cash rate will be lowered to 3.5% ...

Chalmers boasts inflation data, experts divided

ELIZA BAVIN  |  THURSDAY, 9 JAN 2025
... start to the year. "Our overall reading is that the CPI indicator figures suggest gradual disinflation, but that core inflation is still above the RBA's target band," Bloxham said. "For the RBA, [the] trimmed mean indicator figures are likely to ...

2025 economic outlook 'threatening': AMP

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
... much the US Federal Reserve, the Reserve Bank of Australia (RBA) and some other central banks will cut rates as core inflation is still not at target. "The risk of recession remains, particularly in the US if rising bond yields prevent a recovery in ...

Inflation cools but RBA unlikely to budge

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2024
... with "little choice" yesterday than to maintain its current stance given the persistently tight labour market and core inflation remaining uncomfortably high. "The RBA seems to favour making its moves late in the game," Shivadekar said. "It was one of ...

ECB cuts rates for second time

KARREN VERGARA  |  FRIDAY, 13 SEP 2024
... in the context of inflation falling and a weak growth backdrop." "The central bank cut its growth and raised its core inflation forecasts by 0.1% each for 2025, but in our view growth forecasts are still too high, and the inflation forecasts may be too ...

What does the RBNZ rate cut mean to Australia?

MATTHEW WAI  |  THURSDAY, 15 AUG 2024
... months after other comparable central banks (Canada, the US, and New Zealand). Robertson said it is imperative for core inflation to dip "closer to 3%" before the RBA can begin its rate cuts, which are expected to occur in 2025. On the flip side, CBA ...
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