Aussie interest rate expectations rocket
Last week’s economic data shook Australia’s interest rate markets. To recap, the policy-relevant trimmed mean inflation printed at 3.6% in the year to July, above forecasts of 3.5%. The monthly and quarterly pace of trimmed mean inflation also accelerated. Australia’s inflation is also primarily domestically driven, with market services inflation rising by 4.1% in the year The post Aussie…
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