Shock inflation jump dashes rate cut hopes | 7NEWS скачать в хорошем качестве

Shock inflation jump dashes rate cut hopes | 7NEWS

Australia's Consumer Price Index has jumped unexpectedly to 3.8% in the 12 months to October, dashing hopes that inflation had turned the corner. The shock increase has effectively ruled out Reserve Bank interest rate cuts next month, with any rate movement now expected to wait until 2026. Political debate has erupted over the causes, with the government citing the end of power bill rebates while the opposition blames Labor's spending policies. Subscribe and set 🔔 » https://7news.link/YTSubscribe | For the latest Australian news and breaking news alerts, connect with 7NEWS online: Visit » https://7news.com.au 7Plus » https://7plus.com.au/ 7NEWS Podcast » https://open.spotify.com/user/dm9fk9h... Facebook »   / 7newsaustralia   TikTok »   / 7newsaustralia   Instagram »   / 7newsaustralia   X » https://x.com/7NewsAustralia 7NEWS combines the trusted and powerful news brands including Sunrise, The Morning Show, Spotlight and 7NEWS.com.au, delivering unique, engaging and continuous coverage on the issues that matter most to Australians. Watch 7 News Australia full broadcasts and full episodes at 6pm and weekdays at 12pm and 4pm on Channel 7 and 7plus. #BREAKINGNEWS #7NEWS