‘Dodged a bullet’: inflation eases to 3.8%, reducing chances of interest rate rise for Australia’s mortgage holders

AI Summary

ABS data shows inflation still too high but tracking lower than anticipated 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%. Newsiline summarises this report from The Guardian Australia and links readers to the original publisher for the full story.

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