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Australia's Inflation Rises In December Quarter, No Rate Cut Next By RBA Week

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

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Australian Dollar advanced and any chances of an interest rate cut by the Reserve Bank of Australia were dissipated after December quarter headline inflation beat market's expectations. According to the Australian Bureau of Statistics, consumer prices climbed 0.4% from the third quarter and 1.7% from a year earlier. Economists,[​IMG]

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