Australian Inflation Misses Estimate, Traders Slash RBA Bets


RBA Governor Michele Bullock, responding to a question after a major setpiece speech on Tuesday, acknowledged that the longer inflation “is out of target, the more concerned that the board becomes.” She noted that in the most recent forecasts, core prices were only seen falling below 3% late next year, after already being high for an extended period.



Source link

  • Related Posts

    You will learn to love AI writing

    That is the theme of my latest Free Press article, excerpt: But do I wish to eschew AI writing for the rest of my life? Absolutely not. Most of all,…

    B.C. fan sues FIFA for deceptive trade practices during World Cup

    Delta-based Rajvinder Rai wants to be the representative plaintiff in a class action lawsuit against FIFA and its B.C.-based wholly owned subsidiary, FWC26 Football Ltd.  Source link

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Hydro-Québec mulls waiving $250M in unpaid power bills in Indigenous communities

    Hydro-Québec mulls waiving $250M in unpaid power bills in Indigenous communities

    Is it illegal to trick the US government into wiping your phone during a questionably legal search?

    Is it illegal to trick the US government into wiping your phone during a questionably legal search?

    A new media ecosystem is taking root on the left, reshaping Democratic politics

    A new media ecosystem is taking root on the left, reshaping Democratic politics

    Montreal urges continued water conservation amid major aqueduct repairs – Montreal

    Montreal urges continued water conservation amid major aqueduct repairs – Montreal

    You will learn to love AI writing

    You will learn to love AI writing

    Former Harper cabinet minister Chris Alexander to run for mayor of Toronto

    Former Harper cabinet minister Chris Alexander to run for mayor of Toronto