The Australian Treasury currently expects the country's inflation rate to fall to the Bank of Australia's target range of 2% to 3% before the beginning of 2025. The Australian Treasury also expects the inflation rate to fall faster than previously predicted in the fiscal year ending June 2024. The Australian Treasury will adjust the inflation rate forecast to 3.5% in Tuesday's budget, lower than the 3.75% forecast for December.
澳大利亚国库部：预计通胀率将在2024年内降至澳央行目标区间
Australian Treasury: The inflation rate is expected to fall within the target range of the Bank of Australia within 2024
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