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An issue adding to the newest slow down inside the rate slices try chronic underlying inflation. The newest yearly cut suggest rising cost of living is step three.5percent in the Oct, upwards of step three.2percent inside the Sep, with regards to the most recent monthly CPI indicator. The new Set aside Financial away from Australia (RBA) is expected to keep the cash rate at the its current height of cuatro.35percent until at least early 2025.
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