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AAP
AAP
Business
Jacob Shteyman

Magic number that could decide an interest rate hike

Reserve Bank Inflation Adam Boyton Diana Mousina My Bui NAB
Traders are putting their money on an interest rate hike when the Reserve Bank meets in February. (Bianca De Marchi/AAP PHOTOS)

Reserve Bank governor Michele Bullock and the members of her interest-rate-setting board are set to be glued to the Australian Bureau of Statistics website.

The focus of their fixation on Wednesday will ultimately boil down to a single number: the trimmed mean inflation figure for the December quarter.

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