CPI Leaves Room for a Melbourne Cup Day Interest Cut

March 24th,2014

The September quarter Consumer Price Index (CPI) figures show that the Reserve Bank of Australia’s (RBA) consumer price measures of inflation are within their target zone and relatively stable.

Real Estate Institute of Australia (REIA) President, Ms Pamela Bennett says the Reserve Bank should continue to deliver the much-needed cuts to interest rates that the economy needs.

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