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Stella Huangfu, Associate Professor, School of Economics, University of Sydney

Inflation slows again — but is it enough for the Reserve Bank to cut interest rates?

Inflation the Reserve Bank Reserve Bank Interest Rates Jim Chalmers Michele Bullock NAB

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Inflation 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 Bank of Australia weighs further interest rate cuts.

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