• QIC Chief Economist Dr Matthew Peter flagged easing global growth, with 2026 seen at 2.9% from 3.5% in 2025.
• Base case expects the world to avoid recession, assuming inflation expectations stay anchored and energy prices ease in 2H.
• Core inflation seen easing slowly, with a return to central-bank targets not expected until 2028.
• RBA cash rate at 4.35% after 75 bp of hikes this year; cuts toward neutral seen starting in 2H 2027.
• Australia growth forecast to slow to 1.7% in 2026; underlying inflation seen above the 2%-3% band through 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. QIC Ltd. published the original content used to generate this news brief on July 23, 2026, and is solely responsible for the information contained therein.