Australian dollar jumped after the hot CPI data that rules out an RBA rate cut next week ...Middle East

Australian monthly CPI (August 2025) +3% (expected 2.9%, prior 2.8%)

Read that post, the trimmed mean was a bit better. But kep in mind that the Australian government and the Reserve Bank of Australia have a firm agreement to target the mid point of the 2-3% band, its been well publicised. there is no way Bullock will allow a rate cut at the September 29-30 meeting with this data.

Now, do note, as posted a couple of times already today:

The monthly CPI indicator does, however, provide a timelier indication of inflation using the same data collected for use in the quarterly CPI. The monthly reading includes updated prices for between 62 and 73 per cent of the weight of the quarterly CPI basket, its not the full picture.

This is all the more reason for a hold next week, the RBA can reconsider at the November 3-4 meeting after the quarterly data late in October hits.

This article was written by Eamonn Sheridan at investinglive.com.

Hence then, the article about australian dollar jumped after the hot cpi data that rules out an rba rate cut next week was published today ( Wednesday 24/09/2025 - 04:59 AM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Australian dollar jumped after the hot CPI data that rules out an RBA rate cut next week )

Also on site :

• 12-year old Russian beats world chess champion
• Hundreds of popular grocery, drug-store items recalled due to ‘filth' at Midwest distribution center
• Passengers stuck on Delta flight for more than two hours after landing at Rochester airport