Grim Forecasts for Aussie Inflation and Unemployment

RBA chief tempers rate rise bets as yields, $A jump

Bond traders imply a strong chance of a follow-up rate rise by May after the RBA increased its inflation forecasts. Investors say there is “no way” the hikes are over.

Grim forecasts for Aussie inflation and unemployment

The Reserve Bank has revised up its prediction for core inflation, with price growth expected to remain above its midpoint target despite higher interest rates.

Australia central bank sees higher inflation, even with two rates ...

Risk-On Asia and Hawkish RBA Propel Aussie Higher - ActionForex

Australian Dollar surged broadly in Asia session, drawing fresh strength from a hawkish RBA rate hike that reinforced expectations of further tightening later this year. The move gave the Aussie an extra tailwind on top of an already constructive regional backdrop. Risk appetite in Asia has been firm, with the latest boost to sentiment coming […] The post Risk-On Asia and Hawkish RBA Propel Aussie Higher appeared first on ActionForex.