Treasurer Jim Chalmers welcomed the “encouraging” progress on inflation, but claimed it wasn't “mission attained”.
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Oxford Economics economist Sean Langcake claimed the inflation knowledge had been perfectly under expectations and disinflation was forward of the agenda laid out inside the RBA’s November forecasts.
The softer-than-predicted inflation emboldened bets by interest amount traders the RBA’s monetary plan tightening is coming to an stop. Michaela Pollock
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