Australian Inflation Slows, Strong Case for Rate Cuts Looms
The first quarter of 2025 saw Australian inflation slow down, which strengthens the argument for the central bank to continue cutting interest rates in the upcoming month. This deceleration in inflation suggests that consumer prices are less of a concern, allowing policymakers to consider easing monetary policy. With recent data indicating slower price growth, economists will be closely watching the Reserve Bank of Australia to see how they respond. If the trend continues, rate cuts could be imminent, which would affect borrowing costs and overall economic activity in Australia.