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RBA downgrades 2023 CPI and GDP forecasts slightly

RBA downgrades 2023 CPI and GDP forecasts slightly
In the quarterly Statement on Monetary Policy, RBA reiterated that “some further tightening of monetary policy may be required”. This decision, however, would hinge on the incoming data and the evolving assessment of risks. Economic forecasts remain largely unchanged, with a slight downgrade in 2023 CPI forecast as well as 2023 and 2024 GDP projections. […] The post RBA downgrades 2023 CPI and GDP forecasts slightly appeared first on Action Forex... Read More
Posted: Aug 4 2023, 04:41
Author Name: actionforex
Views: 110667

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