CPI figures have economists predicting one to three RBA cash rate cuts in 2025 – the question is whether one will occur before federal election
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Australia’s inflation rate has eased again, in data that will buoy Labor heading into an election and raise hopes for mortgage holders another interest rate cut is not far off.
The headline inflation rate was 2.4% in the 12 months to February, a slight decrease on the previous month’s figure, according to consumer price index figures released on Wednesday.
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Source link : https://www.theguardian.com/business/2025/mar/26/australia-inflation-rate-data-update-today-cpi-figures-interest-rates
Author : Jonathan Barrett Business editor
Publish date : 2025-03-26 04:06:00
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