Will we see a rate cut from the Reserve Bank this year?
When the Facts Change
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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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