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Inflation slows to 3.8 percent, easing pressure on RBA rates
✓ Source-backedMoney & Work

Inflation slows to 3.8 percent, easing pressure on RBA rates

June inflation fell from 4 percent, making another rate rise less likely on 11 August.

Why it mattersA softer inflation reading reduces pressure on the RBA, giving mortgage holders more reason to expect rates may stay put.

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