There’s one data point between Australians and a May rate cut and economists are tipping it should be fine. But what happens next is ripe for debate.
Headline and trimmed mean inflation are both finally back inside the Reserve Bank of Australia’s target band – you beauty, we’ve been waiting four years for this. If the RBA wants to cut rates, it can.
The latest quarterly inflation data shows the broad and slow disinflation trend survived February’s rate cut, and has the economy equally well-placed to handle a bit more interest rate relief.
Source: https://www.afr.com/chanticleer/the-rba-s-rate-cuts-are-coming-but-hold-the-avalanche-20250430-p5lvb7