FXStreet (Delhi) – Research Team at TDS, notes that the Australia’s Q4 CPI met the RBA’s forecast, underlying inflation at 2%/yr. Key Quotes “Tradable inflation rose by +0.5%/qtr (the bounce a quarter later than predicted by TD’s Inflation Gauge) and non-tradable inflation rose +0.4%/qtr. The RBA will be breathing a sigh of relief after today’s outcome as it takes “must ease” pressure off the RBA Board. Even accounting for the high volatility to kick off this year, we expect the RBA to repeat that inflation ‘remains within the target band’ when it meets next week. Skilled Vacancies for Dec rose 0.4%/m, a slower rate compared with recent months. Although this report holds less value now given the official Dec report has already been released, it has more or less moved in line with other vacancy reports that have underestimated actual employment growth.” For more information, read our latest forex news.