RBA August Economic Outlook: What It Means for Borrowers
Jason Zhou2026-08-18T11:54:54+10:00RBA August Economic Outlook: What It Means for Borrowers Your Content Goes Here The Reserve Bank of Australia’s August 2026 Statement on Monetary Policy provides an updated view of inflation, economic growth and the outlook for Australian households. Inflation remains elevated The RBA expects inflation to remain above the midpoint of its 2–3% target range for some time. Inflation is forecast to ease gradually as spending across the economy slows and cost pressures reduce. For borrowers, this suggests interest rates may remain higher for longer while the RBA continues to focus on bringing inflation back towards target. [...]
