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flag Inflation eased slightly, boosting confidence in meeting target, prompting no immediate rate change.

flag New inflation data released today has prompted optimism at the Reserve Bank, signaling progress toward its target of stable price growth. flag Officials noted a slight decline in inflation rates, particularly in core services and housing costs, which are key indicators of underlying price pressures. flag The central bank emphasized that the trend supports its cautious approach to interest rate policy, with no immediate plans for rate changes. flag Officials remain vigilant, however, as they monitor global economic conditions and labor market strength.

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