Australia’s inflation numbers ‘haven’t been great’

Sky News Business Reporter Edward Boyd says Australia’s inflation numbers “haven’t been great”.

Mr Boyd said there are still “quite a few” economists in Australia predicting rates to be cut in September.

“So, a little bit earlier now than where we could potentially see rates go down in the US.

“But it all hinges on next week’s CPI number.

“If it stays sticky, stays around a little bit too high, then we’ll see rates unfortunately not be coming down till later this year.”

Видео Australia’s inflation numbers ‘haven’t been great’ канала Sky News Australia