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Big four banks put rate cuts back on the menu after surprising inflation drop
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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sbs.com.au
Treasurer welcomes 'encouraging' numbers as inflation falls to pre-war level
Another interest rate hike in August is now seen as less likely.
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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.
