IMF to RBA: More tightening needed to curb inflation

<p><img width="509" height="339" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-au1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>In a report on Australia&#8217;s economy, IMF highlighted concerns about persistent inflation levels in the country. Even though inflation is &#8220;gradually declining&#8221;, it continues to hover &#8220;significantly above&#8221; RBA&#8217;s target, with the country&#8217;s output &#8220;remains above potential.&#8221; The IMF staff &#8220;recommend further monetary policy tightening&#8221;. They believe this approach will realign inflation with RBA&#8217;s target [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/525462-imf-to-rba-more-tightening-needed-to-curb-inflation/">IMF to RBA: More tightening needed to curb inflation</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>