Hot July Inflation Kept RBA Rate Hike on the Table
Australia’s headline CPI cooled to 3.5% in July but beat forecasts, while trimmed mean inflation held at 3.6% and posted its biggest monthly rise in a year. With the RBA already warning about upside inflation risks, September hike odds more than doubled to 36%, and the chance of a move by February hit 94%. Key Takeaways from Australia’s July…











