Australia CPI Print May Keep Policy Tightening Debate in Focus
Dow Jones
1 hour ago
0205 GMT - A stronger-than-anticipated Australia CPI print for July is likely to put further focus on the RBA's remarks in its recent minutes that inflation risks are elevated, says Dwyfor Evans, head of APAC macro strategy at State Street Markets. With inflation running at 3.5% on year in July, the debate over monetary policy tightening will stay in focus and bolster the Australian dollar on a relative rates backdrop, he adds.
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