From RBA's May SOMP Baseline Forecasts
By Sophia Rodrigues
Published On 08 May 2020 , 11:32 AMFrom the RBA’s May Statement on Monetary Policy:
Baseline Scenario:
--GDP growth -8% June 2020; +7% June 2021, +5% June 2022
--Unemployment rate 10% June 2020, 6.5% June 2022
--CPI Inflation -1% June 2020, 1.5% June 2022
--Trimmed Mean Inflation 1.5% June 2020; 1.5% June 2022
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