Unexpected drop in inflation squashes rate rise fears
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Source: The Age
Published: 2026-07-29 12:00 UTC+10:00
Section: Politics / Federal
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Economy & Finance, Business & Economy
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Snippet:
Official inflation figures show prices are not growing as fast as feared by the Reserve Bank, effectively wiping out the chance of an interest rate rise at the bank’s August meeting.
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