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Will we see a rate cut from the Reserve Bank this year?
When the Facts Change
Analysis of Quarterly Inflation Numbers for Rate Cut Possibility
This chapter delves into the importance of the October inflation numbers in deciding the Reserve Bank's interest rate cuts, with a focus on a forecasted 2.9% inflation rate and the possibility of a cut if inflation stays below 3%. The discussion centers around the anticipation for the release of the October selected indices figures to determine the likelihood of a rate cut in November.
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