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The central bank kept its benchmark rate unchanged and dropped forward guidance from its statement. Nine of 18 policymakers now project at least one increase by the end of 2026.
rte.ieThe Australian government forecasts a A$28.3 billion budget deficit for the 2025/26 fiscal year, below an earlier estimate of A$36.8 billion. Officials project continued deficits in subsequent years along with GDP growth of 2.25 percent in 2025/26 and inflation starting at 5 perc…