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onetricky

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24/04/24

12:13

Post #: 73495607
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Originally posted by blueballs ↑

Inflation has come in higher than expected during the March quarter, dampening expectations of interest rate cuts later in the year.
The March quarterly Consumer Price Index data from the Australian Bureau of Statistics showed prices increased by 1 per cent during the March quarter, leaving the annual inflation rate at 3.6 per cent.

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rba paused too early due to political and media pressure, this is the result and wouldn't be surprised if they raise 0.25% next week.
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