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Lower inflation in the December quarter boosts chances of an interest rate cut

  • Written by The Conversation
Lower inflation in the December quarter boosts chances of an interest rate cutChameleonsEye/Shutterstock

Australia’s headline inflation rate dropped to a three-year low of 2.4% in the December quarter, according to the Consumer Price Index, adding to pressure for an interest rate cut by the Reserve Bank as soon as next month.

Since it peaked at 7.8% in December 2022, inflation has now fallen for seven out of eight...

Read more: Lower inflation in the December quarter boosts chances of an interest rate cut

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