30 Oct 2024 00:30 GMTLow0.9%1.0% 0.8% Last releaseImportanceActualForecast Previous 29 Jan 2025 00:30 GMT290.9% 0.9% Next releaseDaysActualForecast Previous Overview Chart History Widget Reserve Bank of Australia (RBA) Weighted Median Consumer Price Index (CPI) q/q reflects the change in price...
30 Oct 2024 00:30 GMTMedium3.8%4.4% 4.2% Last releaseImportanceActualForecast Previous 29 Jan 2025 00:30 GMT323.8% 3.8% Next releaseDaysActualForecast Previous Overview Chart History Widget Reserve Bank of Australia (RBA) Weighted Median Consumer Price Index (CPI) y/y reflects the change in pr...
Short-Term Forecast Near-term AUD/USD trends will likely hinge on US inflation numbers, Fed Chair Powell, the Australian Budget, and RBA commentary. Hotter-than-expected US inflation numbers could tilt monetary policy divergence toward the US dollar. However, Australian labor market data o...
In Q1, consumer price inflation numbers were higher than forecasts, influencing sentiment toward the RBA rate path. The annual inflation rate eased from 4.1% to 3.6% in Q1 2024. A higher-for-longer RBA rate path could raise borrowing costs and reduce disposable income. Downward trends...
However, the analysts said Australia’s inflation data was better than they had expected, and compared to the US, the country’s economy had slowed more with the labor market softening substantially. As such, they forecast no change to the RBA’s rate of 4.35%. ...
“This [May CPI] squarely puts upside risks to RBA and Citi’s trimmed-mean inflation forecast of 0.8% for Q2. The market is currently pricing in over 50% chance of a hike in the next two meetings. We see this as fair, and will reassess our Q2 inflation forecast and our R...
Japanese inflation provided a slight surprise to the upside, helping the yen gain some ground on the dollar. Markets, however, look to Jerome... EUR/USD Underpinned by Better-Than-Expected Euro Area PMIs, Weak US Dollar Thursday, 22 August 2024 Today�s forecast beating Euro...
Inflation has since moderated over the first half of 2023 but remained far above the 2.5% target when the monthly indicator for May was announced last month, while the reserve bank has raised its cash rate to 4.1% since the second quarter of last year, from its pandemic pe...
South Korea’s inflation rateslowed to 3.3% for November, coming in below expectations and marking its first decline in three months of acceleration. The November reading was forecast by a Reuters poll to moderate to 3.7%, down from 3.8% in October. ...
Westpac sees further gains in public sector wages (if a peak of 4.8% y/y is achieved) which could mean a peak in the wage index reaches 4.1% y/y (provided private sector wages hold their current pace of inflation). The next major release for Australia comes on Thursday when month...