Inflation slows again — but is it enough for the Reserve Bank to cut interest rates?
- Written by Stella Huangfu, Associate Professor, School of Economics, University of Sydney
Doublelee/ShutterstockInflation is moving in the right direction, but new figures released today may not be soft enough to trigger a cut in official interest rates in August.
The Australian Bureau of Statistics released the June quarter consumer price index (CPI) data, providing a timely update on how price pressures are tracking as the Reserve...
Read more: Inflation slows again — but is it enough for the Reserve Bank to cut interest rates?
