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EconomyIMF downgrades Australian growth forecast amid fears of further rate hike

The IMF cut its forecast for Australia’s real GDP growth in 2027 by 0.1 percentage points to 1.6%, warning that higher global energy prices could intensify inflation and prompt the Reserve Bank to raise rates again. It also urged federal and state governments to restrain spending to contain debt and price pressures.

Australia economyIMFinterest ratesinflation

TThe Guardian★★★☆☆2026-09-16 23:00Original

IMF downgrades Australian growth forecast amid fears of further rate hike
IMF downgrades Australian growth forecast amid fears of further rate hikeEconomy