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AAP
AAP
Politics
Jacob Shteyman

Bad news comes in twos: cash rate and CPI set to rise

The Reserve Bank is almost universally expected to hike the cash rate to 4.6 per cent on Tuesday. (Susie Dodds/AAP PHOTOS)

Inflation data this week will arrive too late for the Reserve Bank of Australia board meeting but it appears the RBA has already run out of patience.

Its rate-setters usually prefer to wait for quarterly inflation data before making a call, having done so out of cycle once since 2023.

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