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Release of December quarterly CPI may be the most politically consequential set of numbers in recent timesGet our breaking news email, free app or daily news podcastInflation figures due out on Wednesday could “make or break” the case for a pre-election rate cut next month, according to economists, in one of the most politically consequential set of numbers of recent times.The market is pricing in an 84% chance of a 25 basis-point rate cut when the Reserve Bank of Australia (RBA) meets mid-next month, although those odds will rise or fall based on the December quarterly consumer price index.Sign up for Guardian Australia’s breaking news email Continue reading…
Release of December quarterly CPI may be the most politically consequential set of numbers in recent times
- Get our breaking news email, free app or daily news podcast
Inflation figures due out on Wednesday could “make or break” the case for a pre-election rate cut next month, according to economists, in one of the most politically consequential set of numbers of recent times.
The market is pricing in an 84% chance of a 25 basis-point rate cut when the Reserve Bank of Australia (RBA) meets mid-next month, although those odds will rise or fall based on the December quarterly consumer price index.
