There’s no convincing argument for the RBA not to cut interest rates on 12 August as economists say they are acting as a break on the economy
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There is much to like in the latest inflation figures, which dropped to 2.1% in the year to June – and even to 1.9%, if you believe the less reliable monthly version.
We have certainly come a long way in the two-and-a-half years since inflation reached nearly 8%.