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flag Australian Bureau of Statistics to release July inflation data, potentially influencing interest rates.

flag The Australian Bureau of Statistics will release July's inflation figures, hinting at possible further interest rate cuts. flag Despite a slight expected rise in annual inflation to 2.0%, excluding volatile items, inflation is predicted to ease to 2.3%. flag Traders are pessimistic about the Reserve Bank of Australia's September meeting, with markets giving less than a one-third chance of another rate cut. flag The RBA's confidence in controlling inflation and recent Wall Street gains on rate cut hints were also noted.

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