Sydney Morning Herald | CPI 0.4pc in June quarter, 2.4pc over FY, leaves room for rate cuts The Australian THE annual inflation rate stayed within the central bank's target band in the second quarter, leaving scope for more rate cuts should the economy weaken as a mining boom fades. The consumer price index (CPI), a key measure of inflation, rose 2.4 per cent in ... Banking on cut in interest rates Inflation figures give the Reserve Bank room to move Reserve Bank keeping options open for interest rate cut after weak inflation data |