RBA Statement on Monetary Policy – August 2025 | Metals Mine

  • RBA Statement on Monetary Policy – August 2025

    From rba.gov.au

    Inflation has continued to come down and is within our target range of 2–3 per cent. The unemployment rate has increased a little but remains low. We expect the Australian economy to grow over the next year, but uncertainty in the global economy remains high. Over the past few years higher interest rates have slowed demand in the economy, which has helped bring inflation down. Although growth in the economy has slowed, spending by households and businesses has increased by more than expected over recent months. We expect it to stabilise slightly below 4½ per cent, and for jobs growth to slow from very high rates. ... (full story)

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