The Australian Reserve Bank has released its inflation projections for the coming years. According to Jin10, the bank anticipates the Consumer Price Index (CPI) inflation rate to be 4.2% in the second quarter and 3.6% in the fourth quarter of this year. Looking further ahead, the bank forecasts a CPI inflation rate of 2.7% by the fourth quarter of 2027 and 2.6% by the second quarter of 2028. These projections reflect the bank's expectations for inflation trends over the next several years.