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Easing inflation increases chances of interest rate cuts in 2024
Australia’s inflation rate fell again in November to the slowest annual rate of price rises since January 2022. Source: AAP, SBS
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Interest rates may be cut from November according to ANZ as inflation continues to ease. SBS Finance Editor Ricardo Gonçalves speaks with Senior Economist Catherine Birch to go through today's inflation numbers and what it means for interest rates; while Hebe Chen from IG Markets Securities Limited takes a look at the market reaction.
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