May 29, 2024 – Written by David Woodsmith
Leave a comment STORY LINK Australian Dollar: Inflation Rises to 3.6% and Sparks Speculation of Further Hikes
The RBA have their work cut out getting inflation under control.
April’s CPI figures were higher than expected and rose across a number of sectors.
Rate cuts look unlikely this year and speculation is growing the next move may be a hike if data continues to disappoint.
Inflation remains the market’s main focus and the bounce back we saw in the US earlier this…
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