The Reserve Bank of Australia (RBA) has maintained high interest rates to control inflation, but recent data shows improvement, with headline inflation dropping to 3.4% in August from 3.8% in July. Despite this, the RBA is cautious about cutting rates until inflation is stable. The labor market remains under pressure, with a potential increase in the unemployment rate expected. Stay informed on the latest updates on interest rates, inflation in Australia, and RBA decisions.
Author: RealEstate
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