New inflation figures raise hopes of interest rate cut | 7.30 // TRAIN BRAIN

New inflation figures raise hopes of interest rate cut | 7.30

Financial markets are increasingly optimistic that there may be a cut to official interest rates next month after new inflation figures for November were released today.
The real test will come when the more comprehensive quarterly data is released later this month.
But today's numbers have once again stirred the debate about the impact of government spending on inflation, particularly after the announcement of a $7.2 billion funding package for the Bruce Highway.
7.30’s Laura Tingle interviews Finance Minister Katy Gallagher.
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ABC News In-depth

Welcome to ABC News In-depth, where you'll find our long-form journalism and explainers to help you understand what's going on in the world around you. You'll find all your favourite ABC News programs: Four Corners, Foreign Correspondent, Australian Stor...

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