· sydney–australias inflation continued to ease in the second quarter, raising bets that the central bank will deliver its third interest rate cut next month. · australia’s central bank, the reserve bank of australia (rba), has announced a reduction in its benchmark interest rate by 25 basis points, bringing it to 3. 6 per cent. · australia’s headline inflation rate declined to 2. 1 per cent in the year to june, down from 2. 4 per cent, while the key underlying inflation rate – which strips out volatile prices and is … · australia’s core inflation cooled in the three months through june, strengthening the case for the reserve bank to ease monetary policy as early as august on signs of abating price. Sydney—australia’s inflation continued to ease in the second quarter, raising bets that the central bank will deliver its third interest rate cut next month. Consumer prices rose 0. 7%. · bond market investors now ascribe a 95 per cent chance of a rate cut when the reserve bank of australia meets next on february 18, up from 75 per cent before the release of … · the progress made on key domestic economic indicators represents a clear signal that further easing of monetary policy is required to support the australian economy. · australia’s central bank has reduced its benchmark interest rate by a quarter percentage point for a third time this year to 3. 6%, with inflation tamed and economic growth … · its almost certain the reserve bank of australia will hand mortgage holders an interest rates cut today, but new research shows inflation continues to plague the economy.
Inflation Cooling Down Under: Australia'S Bold Rate Cut Explained
· sydney--australias inflation continued to ease in the second quarter, raising bets that the central bank will deliver its third interest rate cut next month....