
News live: IMF forecasts Australia to experience ‘drawn-out’ inflation; measles alert for Sydney
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The International Monetary Fund has forecasted that Australia will experience prolonged inflation above its target levels, prompting expectations of interest rate hikes by the Reserve Bank of Australia. This follows a recent confirmation of a measles case linked to a traveler from Thailand. Upcoming unemployment figures and consumer price data will be crucial in determining the Reserve Bank's actions on February 3rd.
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📚Bağlam ve Tarihsel Perspektif
Australia's economic landscape is currently shaped by a combination of global influences and domestic factors, including a high concentration of investment in technology and ongoing trade issues. The Reserve Bank's decisions in the coming weeks will be pivotal in shaping the economic outlook for the country.
This article is based on the latest available information and projections, which are subject to change as new data emerges.
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