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Show Notes
The Reserve Bank of Australia is set to announce its final interest rate decision for the year, with experts predicting the official cash rate will remain at 3.6%. Inflation has risen above the RBA's target range over the past four months, reaching 3.8% headline and 3.3% underlying, causing concern among policymakers. While some economists predict potential rate hikes as early as February 2025, others believe the bank will maintain current rates through next year.
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