12-August-2025
Economy News
 
Australia's Central Bank Downgrades Economic Outlook, Productivity Speed Limit
12-Aug-2025

Australia's central bank on Tuesday slashed its forecasts for economic growth as it downgraded the outlook for productivity, implying lower living standards and incomes for the country's 27 million residents. Yet the Reserve Bank of Australia also maintained its forecasts for a slowdown in core inflation and a steady outlook for unemployment, leaving the door open for a cut in interest rates.

News Source:- https://money.usnews.com/investing/news/articles/2025-08-12/australias-central-bank-downgrades-economic-outlook-productivity-speed-limit
 
 
 

Notes:
1. Copyright and ownership of all content from IMC and other IMC sites belongs to IMC except third-party resources
2. Copyright, intellectual property right, ownership or responsibility of error of other content belong to respective sources
3. Please do not reply to this mail

For suggestions and feedback click here.

Disclaimer:
IMC is not responsible for any kind of loss arising due to the information. You are receiving this newsletter because you have subscribed to this service. To unsubscribe click here.
Head Office : IMC Bldg., IMC Marg, Churchgate, Mumbai - 400 020 India  |   Tel : 91-22-22046633  |   Fax : 91-22-22048508 / 22838281
E-Mail : imc@imcnet.org  |   Website : www.imcnet.org