Inflation Lower than Expected in June but Still 'Uncomfortably High'

RBA won’t ignore inflation red flags. Neither should investors

Money markets have slashed the odds of further rate increases from the central bank, but there’s a big problem with that calculus.

Inflation lower than expected in June but still 'uncomfortably high'

Headline inflation was lower than expected in June, and some economists say the Reserve Bank is now unlikely to lift interest rates next month.

Unexpected drop in inflation squashes rate rise fears

Surprisingly soft inflation figures suggest the Reserve Bank will not be lifting interest rates in coming months – and maybe not for the rest of the year.

Australian inflation falls to 3.8 pct

CANBERRA, July 29 (Xinhua) -- Australia's annual rate of inflation fell to 3.8 percent in June, according to official data, defying economists' expectations of a rise. The Australian Bureau of Statistics (ABS) said that the consumer price index rose by 3.8 percent in the year to June, down from 4.0 percent in May. Economists were tipping headline inflation to rise slightly to 4.1 percent in June, the Aust

Hawkish RBA Hold Expected in August After Benign Break on Inflation - ActionForex

Downside surprise on inflation removes case for rate hike in August. Downbeat narrative on supply in question. We no longer expect rate hikes by the RBA this year. Inflation has been more benign than we feared and the RBA forecast. The substantial pass-through of higher energy costs seen in the early phase of the Middle […] The post Hawkish RBA Hold Expected in August After Benign Break on Inflation appeared first on ActionForex.