Opinion
Inflation stays sticky, but it won’t force RBA rate rise
John KehoeEconomics editorThe crucial inflation figures published on Wednesday show that price pressures remain sticky, but are probably not bad enough for the Reserve Bank of Australia to feel obliged to resume interest rate rises.
The Albanese government and RBA board will be breathing slightly easier for now, compared with fears of a worse-case scenario that would have compelled an immediate interest rate hike.
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