Reserve Bank slashes rates, but future cuts remain uncertain

Inflation is trending down, but it is extremely difficult to get a good read on where inflation is tracking now and whether it will be sustainably inside the RBA’s target range, writes Michael Malakellis.

The Reserve Bank of Australia (RBA) has bitten the bullet and started the easing cycle. This would have been a line-ball decision for the RBA, as is made clear by frequent references to 'continuing risks' and 'uncertainties' in its statement. The economy is sluggish but the labour market remains resilient. Inflation is trending down, but it is extremely difficult to get a good read on where inflation is tracking now and whether it will be sustainably inside the RBA's target range in the comin...

Sign in below or register now to read the full article

Authors: Michael Malakellis

Published Date: 19 February 2025