Australia News Today: Inflation, BHP, Nuclear, China – Bloomberg

Good morning folks, it’s Adam here in Sydney. Here’s what you need to know to start your day. 

Today’s must-reads:
• Inflation in Australia cooled 
• Pimco thinks recession is coming 
• BHP reckons nuclear ban should end 

Australia’s inflation rate slowed more than expected in May, bolstering the case for the nation’s central bank to pause its 14-month tightening cycle at next week’s meeting. The Aussie dollar and bond yields dropped on the news.