RBA outlines gloomier outlook for economy
The Reserve Bank of Australia sees inflation peaking higher, slower growth and a higher jobless rate as economic challenges intensify.
money and monetary policy
RBA outlook could line up with Treasury
The central bank will release its quarterly Statement on Monetary policy, setting out new forecasts for the economy, labour market, wages and inflation.
‘R-word’ not on RBA governor’s horizon
Reserve Bank governor Philip Lowe says a recession in Australia is not on his horizon, but after the past two years nothing can ever be ruled out.