Tuesday, June 16, 2026

HomeBreaking NewsInflation data kills November rate cut chances as RBA faces headache

Inflation data kills November rate cut chances as RBA faces headache

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A November rate cut is, to borrow a phrase, dead, buried and cremated.

A self-professed data-dependent Reserve Bank simply cannot cut interest rates in the face of inflation that has breached the top of its 2-3 per cent target band.

The bank’s governor said as much when she spoke to a room full of…



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