Australia Reserve Bank (RBA) in the Central Bank of Australia on May 2, 2022.
Brendon Thorn | Bloomberg | Getty images
The Central Bank of Australia was considered to be more than 3.85% and needed more time to assess inflation.
Reuters expects to reduce trade economists to 25 basis points to 3.6%.
Tuesday, Australia’s reserve bank said that inflation is expecting a significant information confirming inflation to reach 2.5% on a stable basis.
“The last monthly monthly CPI’s last monthly CPI may correspond to the forecast in June, which can be a little stronger than expected to be a margin,” said the central bank.
Australia’s inflation has entered Below 2.1% in MayLowest since October 2024. Inflation in the first quarter was 2.4%standing at a level of four years.
After the decision, the Australian treasurer Jim Chalmers told X The RBA movement was “millions of Austrians have not hoped for the market or what economists to expect. ‘
According to him, this country said “progress in inflation,” and said the government’s efforts to facilitate the cost of life.
After data release, the S & P / ASX 200 index decreased by 0.24%, and the Australian dollar was strengthened by 0.79%.
At present, Australia is more complicated by the growth of the growth rapidly, most expenses will be reduced, as consumer demand and exports weakened.
1.3% expansion in the country In the first quarter of the year, the absence of REUTERS is not required by 1.5%.
