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Australian CPI data & the RBA cash rate - "no option but to increase" the forecast

Australian CPI data & the RBA cash rate -

ING on today's inflation data and imp[lications for the Reserve Bank of Australia.

In brief:

  • Much of the recent inflation disappointment can be put down to one-offs, weather-related and other seasonal effects. But that still leaves inflation higher, and likely to come down slower than otherwise
  • But while we had harboured hopes... Read More
Posted: Jan 25 2023, 02:53
Author Name: forexlive
Views: 110851

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