posted by
FXTimes
570 days ago
in AUD, Fundamental, Inflation
made popular 570 days ago
Third-quarter consumer prices in Australia confirmed the suspicions of the central bank that inflation is proceeding at a pace that is weaker than initially expected. Weaker inflation opens up the door for an interest rate cut from the RBA before the end of the year - if conditions in the economy warrant it. After this release the anticipation and