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Australia's central bank to decide on interest rates amid inflation and fuel crisis concerns.
The Reserve Bank of Australia is set to decide whether to raise interest rates further amid mixed signals on inflation and economic growth, with potential impacts on mortgages, savings, and spending. Market expectations are split, as inflation remains above target despite recent easing. Simultaneously, a worsening fuel crisis has prompted emergency talks between Premier Chris Minns and industry leaders over supply shortages and rising pump prices.
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