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AAP
AAP
Poppy Johnston

Early rate-cut hopes alive as core inflation eases

Encouraging monthly inflation numbers have been tempered by an increase in job vacancies. (Diego Fedele/AAP PHOTOS)

Mortgage-holders and a prime minister in election mode are hoping an encouraging step down in underlying inflation will pave the way for a February interest rate cut.

Economists were generally heartened by official monthly inflation numbers, though the first increase in job vacancies in more than two-and-a-half years could be a handbrake at the Reserve Bank of Australia's next meeting.

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