Business

The likelihood of the RBA raising interest rates has fallen. Have we finally come to our senses? | Greg Jericho

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AI Summary

The latest inflation figures have put off the expectation of another rate rise until early next year – unless we look for an excuse for the RBA to move earlier Get our breaking news email, free app or daily news podcast The June inflation rate of 3.8% ended any real prospect of a rate rise next month, despite investors assuming the Reserve Bank would rather raise rates than not. Newsiline summarises this report from The Guardian Australia and links readers to the original publisher for the full story.

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Sources

The Guardian Australia: Read full story at source

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