Australia’s Monthly Inflation Cools, Boosting July Rate-Cut Bets

Australia’s Monthly Inflation Cools, Boosting July Rate-Cut Bets



Australia’s Monthly Inflation Cools, Boosting July Rate-Cut Bets
A gauge of Australia’s monthly inflation cooled faster than anticipated in May, moving close to the bottom of the Reserve Bank’s 2-3% target and bolstering the case for further interest-rate cuts.


www.bloomberg.com
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