IN FOCUS: Latest inflation undershoot to put more pressure on Reserve Bank
Inflation might be minimal but an interest rate cut now would be pouring nitroglycerin onto an already out-of-control conflagration – unless the Reserve Bank plans a surprise macro-prudential move. With special feature audio.
Mon, 18 Jul 2016
A lot more is now hanging on the Reserve Bank's unexpected, additional economic statement this Thursday.
Today's consumer price index survey shows, again, that price inflation undershooting forecasts, coming in at 0.4% for both the June quarter and for the year to June. The Reserve Bank expected a
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