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4mo ago General
Despite headline inflation steeply dropping in May, the core inflation number edged higher — still well outside the Reserve Bank's target range.
KPMG economist Brendan Rynne says it's all-but certain the Reserve Bank will raise interest rates at least one more time.
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Read more here: https://www.abc.net.au/news/2026-06-24/australia-cpi-inflation-may-2026-bureau-of-statistics/106835946
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