The RBA has kept the cash rate at 4.35 per cent.
Despite a fall from its 2022 peak, inflation remains high.
The trimmed mean CPI rose 3.9 per cent year-on-year to June, with underlying inflation above the 2-3 per cent target for 11 quarters.
The RBA forecasts inflation to return to target by late 2025, amid various economic uncertainties and risks.
Despite a fall from its 2022 peak, inflation remains high.
The trimmed mean CPI rose 3.9 per cent year-on-year to June, with underlying inflation above the 2-3 per cent target for 11 quarters.
The RBA forecasts inflation to return to target by late 2025, amid various economic uncertainties and risks.
