The latest monthly CPI data for November 2024 was released today, and while the headline rate rose, the important trimmed mean figure, which the RBA tracks, slipped in November despite being still able the top of the central bank’s target band. The closely watched trimmed mean core measure, which smooths out volatile items and is … Continue reading "Is A Rate Cut Closer Now In Australia?"
The latest monthly CPI data for November 2024 was released today, and while the headline rate rose, the important trimmed mean figure, which the RBA tracks, slipped in November despite being still able the top of the central bank’s target band. The closely watched trimmed mean core measure, which smooths out volatile items and is … Continue reading "Is A Rate Cut Closer Now In Australia?"
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