Australian data – October consumer inflation expectations 4.0% (prior 4.4%)
globalreutersOctober 10, 20241 Mins read The Melbourne Institute Survey of Consumer Inflationary Expectations
October 2024 comes in at 4.0%
- a sharp drop from September’s 4.4%
The Reserve Bank of Australia target band is 2 to 3% for inflation.
Current official CPI and cash rates (this from the RBA website):
The most recent communication from the RBA is not dovish:
Later today we’ll hear from the Bank:
This article was written by Eamonn Sheridan at www.forexlive.com.
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