Updated
No rate cuts until December 2025 as inflation stops falling
Michael ReadEconomics correspondent
Investors have pushed back the timing for the Reserve Bank of Australia’s first interest rate cut until December 2025 after price growth accelerated for a second straight month, prompting economists to warn inflation has stopped falling.
Analysts warn billions in state and federal government stimulus could make the inflation problem worse when it starts flowing through to the economy on July 1.
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