Peter Tulip

The RBA’s projections imply an excessively long and risky return of inflation to its target of 2.5%.

However, the outlook for unemployment has deteriorated, so further large increases in the cash rate no longer seem necessary.

Outcome date: 
Monday 18 March 2024
Current rate: 
12 months: 
6 months: 
3 Years: 

Updated:  29 May 2024/Responsible Officer:  Crawford Engagement/Page Contact:  CAMA admin