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Australian inflation data "suggest that the RBA will not raise" its cash rate next week
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...
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Posted: Apr 26 2023, 22:16
Author Name: forexlive
Views: 111429