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Inflation to fall to bottom of RBA’s target

November 21, 2024 - 07:00 -- Admin

CBA Senior Economist Stephen Wu has released the bank’s forecasts for the upcoming monthly CPI indicator. CBA expects the monthly indicator to record annual headline inflation of 2.1% in October, near the bottom of the Reserve Bank of Australia’s (RBA) target range of 2% to 3%. Wu notes that other measures of inflation have shown

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