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June 2027 — that's when the RBA's own forecasts say trimmed mean inflation will finally touch the 3% ceiling of its target range, a two-and-a-half-year wait that has former central bank officials calling foul.
Former top RBA economists are publicly criticising Governor Michele Bullock's decision to hold the cash rate at 4.35% while inflation lingers well above target. The critique: waiting until mid-2027...
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