Australia's core inflation cools, RBA rate hike bets decline
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Reserve Bank of Australia (RBA)
Australia
July 29, 2026
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COMPAMIR Editorial Team
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Read our editorial policy- Earlier version 17/29/2026, 6:40:59 AM
Australia's annual trimmed mean inflation rose 3.6%, lower than the 3.7% forecast. Money markets reduced bets on further interest rate hikes this year to 50%. The RBA is unlikely to resume tightening in August, though inflation remains above the 2-3% target.
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