World
Inflation Eases, Reducing Rate Hike Chances
Australian inflation eased to 3.8% in the year to June, below expectations, reducing the likelihood of a rate hike for mortgage holders. The Reserve Bank is now less likely to increase rates next month.
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The Guardian
ABS data shows inflation still too high but tracking lower than anticipatedAustralian mortgage-holders have “dodged a bullet’, with the Reserve Bank now less likely to hike rates next month after new data showed inflation unexpectedly eased to 3.8%, in the year to June, from 4%.The
2026-07-29 02:45 UTC