More interest rate cuts expected despite 3% inflation
Inflation is forecast to ease after peaking in September quarter.
The CPI is at the top of the Reserve Bank’s 1-3% target band.
Annual inflation for the year to the end of September has come in at 3%, in line with most economists’ expectations.
While it is at the top of the Reserve Bank’s 1-3% target band, it is unlikely to change the bank’s view on monetary policy as the economy continues to struggle.
In its review of
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