Summary: Headline Inflation rate increases to 3.8% in June quarter, as expected; RBA preferred measure slows from 4.0% to 3.9%; ACGB yields plunge; rate-cut expectations harden; housing, food & beverages, main drivers of result. In the early 1990s, high rates of inflation in Australia were reined in by the “recession we had to have” as it became known. Since then, underlying consumer price inflation has averaged around 2.5%, in line...