Expectations for one-year-ahead annual inflation decreased 49 basis points from 3.22% to 2.73%. Two-yearahead inflation expectations decreased from 2.50% to 2.33%. • The five-year-ahead inflation expectations remained at 2.25% and the ten-year-ahead increased 3 basis points from 2.16% to 2.19%. • Survey respondents expected the unemployment rate to rise to 4.90% in one year and drop to 4.79% in two years' time. • On average, survey respondents expected the Official Cash Rate (OCR) to be 5.46% by the end of the June 2024 quarter and to decline to 4.79% by the end of the March 2025 quarter. • Expectations for ... (full story)