IMF warns Australia may need to raise interest rates if inflation remains high by end-2025.

The International Monetary Fund (IMF) warns that Australia may need to raise interest rates if inflation doesn't fall as expected by the end of 2025. The IMF advises the Reserve Bank of Australia to tighten monetary policy if inflation risks materialize, despite expecting a soft economic landing. The IMF also urges broader tax and expenditure reforms to boost productivity and address budget deficits.

3 months ago
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