Australia’s easing inflation rate a boost for mortgage holders eyeing next rate cut – and Labor’s election hopes
CPI figures have economists predicting one to three RBA cash rate cuts in 2025 – the question is whether one will occur before federal electionFollow our Australia news live blog for latest updatesSee all our Australian election 2025 coverageGet our breaking news email, free app or daily news podcastAustralia’s inflation rate has eased again, in data that will buoy Labor heading into an election and raise hopes for mortgage holders another interest rate cut is not far off.The headline inflation rate was 2.4% in the 12 months to February, a slight decrease on the previous month’s figure, according to consumer price index figures released on Wednesday.Sign up for Guardian Australia’s breaking news email Continue reading...
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CPI figures have economists predicting one to three RBA cash rate cuts in 2025 – the question is whether one will occur before federal election
- Follow our Australia news live blog for latest updates
- See all our Australian election 2025 coverage
- Get our breaking news email, free app or daily news podcast
Australia’s inflation rate has eased again, in data that will buoy Labor heading into an election and raise hopes for mortgage holders another interest rate cut is not far off.
The headline inflation rate was 2.4% in the 12 months to February, a slight decrease on the previous month’s figure, according to consumer price index figures released on Wednesday.
Sign up for Guardian Australia’s breaking news email Continue reading...
