Rba Inflation Forecast 2024. The reserve bank of australia (rba) has kept interest rates on hold at 4.35 per cent. For 2024, the gdp forecast has been slightly adjusted downwards from an initial expectation of 2.0% to 1.8%.

Market pricing showed a roughly 55% probability of a rate cut by the end of 2024, suggesting the rba will lag the u.s. Inflation is forecast to get back to the target range in h2 25 and to be around the.