Melbourne Cup Day rate bets surge after inflation rebounds

from Peter Ryan_ABC News Soundcloud · host Peter Ryan

A Melbourne Cup Day interest rate rise is looking more likely after official inflation data came in slightly hotter-than-expected in the most recent quarter. The Consumer Price Index jumped by 1.2 percent in the September quarter making 5.4 percent over the year in the latest sign that inflation remains stubborn and risks rebounding. Analysis from ABC's Peter Ryan. For more I'm joined now by the ABC's senior business correspondent Reporter: Peter Ryan, Senior Business Correspondent Featured: Michele Bullock, Reserve Bank governor Keywords:

Episode metadata supplied by the publisher feed · Published Oct 25, 2023

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Melbourne Cup Day rate bets surge after inflation rebounds

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