Australia's core inflation slows, keeping door open to Feb rate cut

By Yahoo! Finance   |   1 week ago
Australia's core inflation slows, keeping door open to Feb rate cut

Australian consumer price inflation in November rose to 2.3%, driven by electricity costs, but core inflation fell to 3.2%. This supports a potential interest rate cut, with a 64% chance in February. The RBA may act sooner due to easing inflation pressures.

Read More

Did you find this insightful?