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With inflation still rising, the RBA will almost certainly lift interest rates in February

  • Written by The Conversation

Interest rates are almost certain to rise again in February, after the latest Consumer Price Index figures showing inflation hit 7.8% in 2022 – its highest rate in 33 years.

The data from the Australian Bureau of Statistics shows a 1.9% increase in the CPI in the December quarter. Combined with the strong increases in the first nine months of...

Read more: With inflation still rising, the RBA will almost certainly lift interest rates in February

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