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IMF to RBA: More tightening needed to curb inflation

In a report on Australia’s economy, IMF highlighted concerns about persistent inflation levels in the country. Even though inflation is “gradually declining”, it continues to hover “significantly above” RBA’s target, with the country’s output “remains above potential.” The IMF staff “recommend further monetary policy tightening”. They believe this approach will realign inflation with RBA’s target […] The post IMF to RBA: More tightening needed to curb inflation appeared first on Action Forex... Read More

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Rba

Tightening

Needed

Curb

Inflation

Forex

Posted: Nov 1 2023, 02:06

Author Name: actionforex

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