Money market traders, who had already tempered their expectations after last week’s soft jobs report have slashed the probability of a rate rise in August.

Australia’s inflation rate will fall in April, thanks to the government temporarily pausing a tax excise, but it is unlikely to stop the Reserve Bank raising interest rates again…

Inflation dipped in the year to April as the government’s fuel excise relief kicked in, but price pressures remain and experts predict RBA may still raise cash rate

Money market traders, who had already tempered their expectations after last week’s soft jobs report have slashed the probability of a rate rise in August.