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  • RBA unlikely to lower rates this year despite steady inflation data
    RBA unlikely to lower rates this year despite steady inflation data
    Australia's inflation rate is at its lowest level since before price shocks began in 2021. It's mainly because of energy subsidies and falling fuel prices. But economists say the chances of an interest rate cut in the next few months are looking unlikely.
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RBA unlikely to lower rates this year despite steady inflation data

Nov. 27, 2024 - 20:15 By ABC NEWS (Australia)

Australia's inflation rate is at its lowest level since before price shocks began in 2021. It's mainly because of energy subsidies and falling fuel prices. But economists say the chances of an interest rate cut in the next few months are looking unlikely.

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