The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts.
The RBA has maintained the Official Cash Rate (OCR) steady at 4.35% since November 2023, claiming inflation needs to “sustainably” return to its target band of 2% - 3% before considering a rate cut.
Key statistics The monthly CPI indicator rose 2.5% in the 12 months to December. The top contributors to the annual movement ...
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