2024 Inflation Rate Forecast Australia. Money markets view another cut on sept. “cba is forecasting the annual rate of inflation back at 3 per cent at the end of 2024, well ahead of the rba’s current forecast and closer to the commonwealth government’s latest forecast.
In the face of slowing inflation and strong consumer spending, the federal reserve announced that it will keep the interest rate steady, holding the benchmark. Over the twelve months to the june 2024 quarter, the cpi rose 3.8%.