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Inflation surges hours after RBA's harsh rate call
Original: Inflation surges less than 24 hours after brutal RBA call | 9 News Australia
Australia's latest inflation figures have come in higher, landing within a day of the Reserve Bank of Australia's widely criticised interest rate decision. The timing is drawing attention because the RBA's call was made just before the new data emerged, raising questions about whether the bank had the full picture on price pressures and what it means for future rate moves.
Why now: Fresh inflation data landed immediately after a contentious RBA rate decision, prompting debate about the bank's timing and judgment.
Reserve Bank of AustraliaAustralia9 News Australia
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- Inflation surges less than 24 hours after brutal RBA call | 9 News Australia · 9 News Australia · 133.9K
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