Eyes on quarterly data after soft inflation surprise

Reserve Bank Governor Michele Bullock remains concerned about persistently high inflation. Picture: Dan Himbrechts/ AAP
AAP

SOFTER than expected inflation figures have buoyed mortgage holders’ hopes the Reserve Bank will spare them an interest rate hike next month, but the real test won’t come until the end of January. Inflation figures released by the Australian Bureau of Statistics on Wednesday showed the consumer price index was flat in November, slowing the […]

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