The GuardianLean L·
‘Dodged a bullet’: inflation eases to 3.8%, reducing chances of interest rate rise for Australia’s mortgage holders
ABS data shows inflation still too high but tracking lower than anticipated Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast Australian mortgage-holders have “dodged a bullet’, with the Reserve Bank now less likely to hike rates next month after new data showed inflation unexpectedly eased to 3.8%, in the year to June, from 4%. The hotly anticipated consumer price report from the Australian Bureau of Statistics had been seen by …
Read at The Guardian →
