{"id":211598,"date":"2023-12-13T08:12:18","date_gmt":"2023-12-13T02:42:18","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=211598"},"modified":"2023-12-13T08:12:18","modified_gmt":"2023-12-13T02:42:18","slug":"cpi-inflation-to-reach-2-5-target-in-2025-26-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/cpi-inflation-to-reach-2-5-target-in-2025-26-crypto-news\/","title":{"rendered":"CPI inflation to reach 2.5% target in 2025\/26 &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>\n                        <span class=\"fxs_socialmedia_bar_share_label\">Share:<\/span><\/p>\n<p>Australian Treasury presented the Mid-year Economic and Fiscal Outlook (MYEFO) on Wednesday, with the key highlights noted below.<\/p>\n<blockquote>\n<p>2023\/24 budget deficit at a$1.1 bln vs a$13.9 bln projected in May.<\/p>\n<p>Budget deficit projected at a$18.8 bln in 2024\/25, deficit a$35.1 bln 25\/26.<\/p>\n<p>Sees GDP growth in 2023\/24 1.75%, 2024\/25 2.25%, 2025\/26 2.5%.<\/p>\n<p>Sees unemployment rate at 4.25% in 2023\/24 and 4.5% to 2025\/26.<\/p>\n<p>Sees CPI inflation at 3.75% in 2023\/24, 2.75% in 2024\/25, 2.5% in 2025\/26.<\/p>\n<p>To ensure fiscal and monetary policy settings are aligned, help ease inflationary pressures.<\/p>\n<p>Sees net migration slowing to 375,000 in 2023\/24, 250,000 in 2024\/25.<\/p>\n<p>Sees iron ore declining to $60 tonne, metallurgical coal $140 tonne, thermal coal $70 tonne.<\/p>\n<\/blockquote>\n<h2 class=\"fxs_headline_medium\">Related reads<\/h2>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: Australian Treasury presented the Mid-year Economic and Fiscal Outlook (MYEFO) on Wednesday, with the key highlights noted below. 2023\/24 budget deficit at a$1.1 bln vs a$13.9 bln projected in May. Budget deficit projected at a$18.8 bln in 2024\/25, deficit a$35.1 bln 25\/26. Sees GDP growth in 2023\/24 1.75%, 2024\/25 2.25%, 2025\/26 2.5%. Sees unemployment [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":211599,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[377,691,201,248,251,246,257,843,1432,255,388,250,252,247,253,249,256,254],"class_list":["post-211598","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-audusd","tag-australia","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-economicindicator","tag-fiscalpolicy","tag-gta","tag-inflation","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/211598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=211598"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/211598\/revisions"}],"predecessor-version":[{"id":211600,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/211598\/revisions\/211600"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/211599"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=211598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=211598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=211598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}