Money markets have regained confidence that the Reserve Bank of Australia will cut the cash rate three more times this year after a favourable inflation print, which fund managers say will lure more foreign money into Australia.
Bond traders ramped up their rate cut bets after the Consumer Price Index for the June quarter slowed to an annual rate of 2.1 per cent from 2.4 per cent, with three-month growth contained to 0.7 per cent.
Source: https://www.afr.com/markets/debt-markets/three-rba-rate-cuts-priced-by-year-end-as-inflation-slows-20250730-p5mitt