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The Times

Why the RBA is highly unlikely to lift interest rates next week, even if inflation climbs

  • Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University

The inflation figure due to be released to is different than most. It’s focusing the minds of politicians as well as economists.

Inflation has been falling for the past five quarters, getting closer and closer to the Reserve Bank’s target band.

At the last quarterly read, three months ago, it wasn’t far away. Inflation came in at 3...

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