The likelihood of the RBA raising interest rates has fallen. Have we finally come to our senses? | Greg Jericho

The latest inflation figures have put off the expectation of another rate rise until early next year – unless we look for an excuse for the RBA to move earlier Get our breaking news email, free app or daily news podcast The June inflation rate of 3.8% ended any real prospect of a rate rise next month, despite investors assuming the Reserve Bank would rather raise rates than not. There is a certain ghoulishness when it comes to economics and especially inflation. A “good” number will…