Tantalising inflation dip within week of RBA meeting
The Reserve Bank of Australia has been given some ammunition to cut interest rates again on 1 April but will the inflation dip be enough for them to pull the trigger?
The RBA is wary about the prospects of a global trade war erupting over the implementation of tariffs and fuelling inflation as a result. (Image source: Shutterstock.com)
Australia’s inflation rate has fallen according to data released within a week of the Reserve Bank of Australia meeting to make its next interest rates decision.
After holding steady for two months at 2.5 per cent, the Consumer Price Index (CPI) indicator came in at 2.4 per cent for the 12 months to February 2025.
While heading in the right direction for borrowers looking for a degree of repayment relief, the 0.1 per cent decline might not be e…
