Inflation falls, so when will the RBA cut interest rates? | The Business | ABC News

Inflation has fallen to its lowest level in two years, making it all but certain the Reserve Bank will keep interest rates on hold in February.
Subscribe: ab.co/1svxLVE
Read more here: www.abc.net.au/news/2024-01-3...
Some economists and business groups have accused the RBA of going too hard by lifting rates in November, claiming the central bank is risking a recession. The cash rate is currently 4.35 per cent.
ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation.
For more from ABC News, click here: ab.co/2kxYCZY
Watch more ABC News content ad-free on ABC iview: ab.co/2OB7Mk1
Go deeper on our ABC News In-depth channel: ab.co/2lNeBn2
Like ABC News on Facebook: / abcnews.au
Follow ABC News on Instagram: / abcnews_au
Follow ABC News on Twitter: / abcnews
Note: In most cases, our captions are auto-generated.
#ABCNews #ABCNewsAustralia