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Australian Inflation Stays Low But It May Not Be Enough To See The RBA Cut Rates

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jul 27, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Australia's price level grew at the weakest rate in 17 years in the June quarter, increasing speculation that the RBA will cut interest rates at next week's meeting. Australian consumer prices rose 0.4% over the April-June period, according to the Australian Bureau of Statistics, taking the annual change in inflation[​IMG]

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