Australian February Inflation Data Opens Door to Rate Hike Pause

SYDNEY—Australia’s inflation pressures cooled in February, opening the door to a pause in the Reserve Bank of Australia’s campaign of aggressive interest-rate increases that began almost a year ago. The monthly consumer-price index rose 6.8% in the year to February, down from 7.4% in January and…#sydney #reservebank
Source: Reuters: Health - Category: Consumer Health News Source Type: news