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trimmed inflation sitting in the middle of their range (2.3%) and weighted at 2.5 does not mean they need to cut based on that number alone to rein in deflation. If these measures were less than 2%, then there would be a case for a quick cut on numbers alone. Few other reasons why I think...

With low CPI out today, most economist expect a 25pt rate cut on cup day. I am thinking that the RBA may hold and cut in Dec instead. Thoughts?