Australia’s inflation report offered further evidence that price pressures are gradually easing, strengthening the case for the Reserve Bank of Australia to remain on hold in August. Both the quarterly and monthly measures came in softer than expected, while underlying inflation remained below the RBA’s own forecasts. The outcome supports Governor Michele Bullock’s recent assessment […]
The post Australia Inflation Slows to 3.8% as Core CPI Misses Forecasts 3.6% appeared first on ActionForex.
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