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Could slowing inflation prompt interest rate cuts by year's end?


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Official interest rates are expected to remain on hold on growing evidence that inflation in slowing. An quarterly CPI update on Wednesday is tipped to see annual inflation running at a slowing pace of 4.3 percent, down from 5.4 percent, raising the possibility of interest rate cuts by the end of the year.
Reporter: Peter Ryan, Senior Business Correspondent
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Peter Ryan_ABC News SoundcloudBy Peter Ryan