Latest Inflation Says More Rate Hikes Are Needed!

June 24, 2026 • 00:09:56
Latest Inflation Says More Rate Hikes Are Needed!
Digital Finance Analytics (DFA) Blog
Latest Inflation Says More Rate Hikes Are Needed!

Jun 24 2026 | 00:09:56

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Show Notes

We got the latest inflation data from the ABS today, and while the headline rate of the Consumer Price Index (CPI) rose 4.0%, down from 4.2% in the 12 months to April 2026, a quick look revealed a more troubling picture as the so called trimmed mean was 3.6%, up from 3.4% in the 12 months to April 2026. This is the measure the RBA tends to prefer when assessing inflation and is well above the RBA’s target. The RBA aims for inflation at the midpoint of its 2-3% target, a goal it has failed to achieve since 2021, and it […]

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