BUSINESSJul 29 · 02:45 UTCTHE GUARDIAN WORLDPatrick Commins Economics editor

‘Dodged a bullet’: inflation eases to 3.8%, reducing chances of interest rate rise for Australia’s mortgage holders

Australian inflation eased to 3.8% in the year to June, reducing the likelihood of an interest rate hike by the Reserve Bank in August. Mortgage holders are described as having 'dodged a bullet' due to the slower-than-expected inflation rate.

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Australian Bureau of StatisticsorganizationReserve BankorganizationInflationtopicinterest ratetopicmortgage holderstopicAustraliaplace

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