IMF rebuke as inflation stays high

Original article by Lea Jurkovic
The Australian Financial Review – Page: 1 & 6 : 20-Jan-26

The International Monetary Fund has used its latest World Economic Outlook update to note that Australia still has a problem with inflation. It commented that inflation has stayed above the Reserve Bank’s target range of 2 per cent to 3 per cent for some time, while it stated that the RBA should be cautious when it comes to setting interest rates. Commenting on the IMF’s report, Treasurer Jim Chalmers claimed that high inflation was not unique to Australia, while the IMF predicts global headline inflation will decline from 4.1 per cent in 2025 to 3.8 per cent in 2026, before falling to 3.4 per cent in 2027.

CORPORATES
INTERNATIONAL MONETARY FUND, AUSTRALIA. DEPT OF THE TREASURY

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