'Unfortunate kick in the guts' as inflation data increases RBA rate hike risk

AI Summary

Inflation is continuing to cool with the annual headline rate rising to 3.5 per cent in July, but some economists say it has increased the risk of another interest rate hike by the Reserve Bank of Australia this year. Newsiline summarises this report from ABC News Australia and links readers to the original publisher for the full story.

Key Points

• Original report published by ABC News Australia.
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• Readers are directed to the publisher for the complete article.

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