Did another interest rate rise just evaporate?

The most important bit of data is in ahead of the August Reserve Bank board meeting to set the direction of interest rates. It's inflation, and the rate of price rises is still too high, but crucially, it came in below expectations and plenty of traders on the markets now think interest rates will stay where they are, for now at least. What does the data reveal about the cost of living and your mortgage repayments? 

The most important bit of data is in ahead of the August Reserve Bank board meeting to set the direction of interest rates.
It's inflation, and the rate of price rises is still too high, but crucially, it came in below expectations and plenty of traders on the markets now think interest rates will stay where they are, for now at least.
What does the data reveal about the cost of living and your mortgage repayments? 


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