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Unexpected drop in inflation squashes rate rise fears
Surprisingly soft inflation figures suggest the Reserve Bank will not be lifting interest rates in coming months - and maybe not for the rest of the year.
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theage.com.au
August interest rate rise remains on the cards
An interest rate rise could be on the cards in August after the Reserve Bank of Australia’s governor warned that inflation remains too high.
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afr.com
Softer inflation gives RBA room to hold rates
The weaker-than-expected rise in underlying inflation suggests the RBA board has more room to breathe after already increasing this cash rate three times this year.
