(Bloomberg) -- A gauge of Australia’s monthly inflation cooled faster than anticipated in May, moving close to the bottom of the Reserve Bank’s 2-3% target and cementing the case for an interest-rate cut as soon as next month.Most Read from BloombergBezos Wedding Draws Protests, Soul-Searching Over Tourism in VeniceUS Renters Face Storm of Rising CostsUS State Budget Wounds Intensify From Trump, DOGE Policy ShiftsCommuters Are Caught in Johannesburg's Taxi Feuds as Transit LagsEconomists at Comm