Summary: GDP forecasts raised significantly again; core inflation rates unchanged; jobless rate expected to fall at faster rate over 2021, 2022; headline inflation forecasts raised slightly; forecasts will not give RBA “sufficient comfort” economy set to achieve full-employment conditions. The Statement on Monetary Policy (SoMP) is released each quarter and it is closely watched for updates to the RBA’s own forecasts. In February’s SoMP, the opening sentence of the...