Minutes from the RBA board’s last meeting suggest a rate cut is not assured even if December inflation is low using the Reserve Bank’s favoured “underlying” measure, which excludes volatile items. Minutes from the RBA board’s last meeting suggest a rate cut is not assured even if December inflation is low using the Reserve Bank’s favoured “underlying” measure, which excludes volatile items. Monetary Policy, Economic Trends and Indicators, Federal Government, Government and Politics, Business, Economics and Finance Latest business news