The Traderszone Network

Published in TZ Latest News 26 July, 2016 by The TZ Newswire Staff

Australia inflation data – impact on the Reserve Bank of Australia

The data is here
In a nutshell, the q/q core inflation was higher than expected, but the y/y is still very low.
More:
– The RBA meet next on August 2
– Market pricing for a cut was around 70% prior to the inflation data
Details of the data today show inflation is still very weak.