There’s a huge amount riding on June quarter inflation figures. Here’s why

The big four banks predict interest rates to be cut, but the RBA may have other ideas

• Get our morning and afternoon news emails, free app or daily news podcast

Perhaps the most important data release in more than two years will land on Wednesday, with the Australian Bureau of Statistics releasing the June quarter inflation figures.

Here’s why the consumer price index (CPI) and other inflation numbers are being more closely watched since the Reserve Bank of Australia started hoisting interest rates in May 2022 and what the results might mean.