June quarter Australian inflation data has surged to 6.1%, but below consensus expectations easing fears of a supersized 75bp rate hike when the RBA meets next week. Headline CPI rose by 1.8% QoQ and 6.1% YoY. This was the highest reading since the introduction of the Goods and Services tax in the early 2000s The […]
The post AU Q2 Inflation Surges But Fears Ease Over Supersized 75bp RBA Rate Hike appeared first on Action Forex.
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