Cooling inflation, 5.6pc in May, could prompt Reserve Bank rates pause

There are positivethe inflation - while still uncomfortably high - is slowly starting to fall.

The latest monthly reading shows the pace of inflation fell to 5.6 percent in the year to May.

It's undoubtedly good news. 

But will it be enough to convince the Reserve Bank to leave interest rates on hold?

Here's my analysis on The World Today