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AAP
AAP
Business
Poppy Johnston

Interest rate relief edges closer as RBA changes tune

An interest rate cut could be closer than expected with the Reserve Bank shifting its language. (Dan Himbrechts/AAP PHOTOS)

The inflation fight is not over but the Reserve Bank of Australia is growing increasingly confident the battle is shifting in its favour.

After leaving interest rates on hold in December, as universally expected, economists observed a notable shift in the central bank's language that could open the door to a February cut.

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