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Inflation eases to 4.2% but interest rate rise still on horizon, economists warn
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
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news.com.au
Rate hikes loom despite slowing inflation
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…
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sbs.com.au
Inflation falls as fuel prices ease — but rate rise fears remain
Headline inflation fell in April thanks to a cut in the fuel excise, but the underlying impulse is still gathering steam.
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abc.net.au
Breaking: Headline inflation eases to 4.2 per cent in April as fuel prices fall
Headline inflation decelerated in April, with consumer prices increasing at an annual pace of 4.2 per cent, down from 4.6 per cent in March.
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afr.com
Inflation growth slows to 4.2pc, but numbers hold an oil price warning
The halving of the fuel excise slowed inflation in April, but price growth remained well above the Reserve Bank’s 2 per cent to 3 per cent target range.
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smh.com.au
Inflation retreats from three-year high but other signs are more worrying
But in a sign that price pressures remain embedded in the economy, the closely watched measure of underlying inflation rose slightly to 3.4 per cent.
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theage.com.au
Inflation retreats from three-year high
But in a sign that price pressures remain embedded in the economy, the closely watched measure of underlying inflation rose slightly to 3.4 per cent.
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The market’s optimism about inflation is running on fumes
Don’t pop the champagne just yet. Expiring fuel relief and soaring oil prices mean further RBA interest rate increases are still on the table.
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theguardian.com
Inflation eases to 4.2% but interest rate rise still on horizon, economists warn
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
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Bond markets dial back rate rise bets after inflation cools
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.