Australian Consumer Sentiment Plunges as Fuel Prices Surge, RBA Still Set to Hike

Australian consumer sentiment has collapsed back to crisis-era levels as fuel prices and rising interest rates bite. but the RBA is still expected to press ahead with rate hikes as inflation remains the dominant concern. Westpac Consumer Sentiment plunged -12.5% mom from 91.5 to 80.1 in April, marking the biggest monthly decline since the onset […]

The post Australian Consumer Sentiment Plunges as Fuel Prices Surge, RBA Still Set to Hike appeared first on ActionForex.