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Australian Inflation Misses Estimate, Traders Slash RBA Bets

Australia’s core inflation came in cooler than anticipated last quarter, prompting money markets to slash bets on another interest-rate increase this year.

This article was originally published by Bloomberg Markets and is republished here under license.

Australia’s core inflation came in cooler than anticipated last quarter, prompting money markets to slash bets on another interest-rate increase this year.

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