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Australian inflation data "suggest that the RBA will not raise" its cash rate next week

Australian inflation data
Australian Q1 inflation data was published yesterday, info here (and links for more):ForexLive Asia-Pacific FX news wrap: Minor moves for major FX againCommerzbank says the lower rate of inflation in Q1 is enough to keep the RBA on hold at its next meeting:RBA can't really breathe a sigh of relief yet, but it can breathe a little. Inflation fell quite significantly in the first quarter, from 7.8% to 7.0%. The two measures of core inflation also fell noticeably to 6.6% and 5.8%. This is likely to... Read More
Posted: Apr 26 2023, 22:16
Author Name: forexlive
Views: 111429

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