MUFG: Australian inflation data raises prospect of RBA rate hike ...Middle East

forex live - News
MUFG: Australian inflation data raises prospect of RBA rate hike
source : forex live ( Middle East ) () 22
MUFG anticipates that the latest inflation data from Australia could prompt the Reserve Bank of Australia to consider another rate hike at its upcoming meeting on August 6th. The surprising uptick in inflation, coupled with fiscal stimulus measures and the RBA's current policy bias, strengthens the case for maintaining a hawkish stance.Key Points:Inflation Data:Australia's year-on-year CPI for May accelerated from 3.6% to 4.0%.The trimmed mean measure increased from 4.1% to 4.4%, exceeding expectations.This inflation data is concerning for the RBA and could influence its upcoming policy decisions.Market Reactions:The 2-year government bond yield surged by 18bps following the inflation data r

Read More Details
Finally We wish PressBee provided you with enough information of ( MUFG: Australian inflation data raises prospect of RBA rate hike )

Apple Storegoogle play

Also on site :

Most viewed in News
Cutting Ties
NC news line - before 8 hours & 10 minute
President El-Sisi receives Somali President in Alamein City
EGYPT INDEPENDENT - before 8 hours & 19 minute
Uncertainty is the new certainty: That’s why investors are unbothered by Trump’s ongoing tariff chaos
Fortune - before 8 hours & 19 minute
Egypt’s partnership with BRICS boosts the value of local currency: Expert
EGYPT INDEPENDENT - before 10 hours & 54 minute
What Jeffrey Epstein Client List Revelation Means for Prince Andrew
Newsweek - before 8 hours & 21 minute
Trump wants to reach agreement with Netanyahu for ending Gaza war
Ammon News - before 11 hour & 47 minute
Sambalpur: Odisha Vigilance Nabs Rairakhol Block Veterinary Officer and Programme Assistant for Bribery
News room odisha - before 8 hours & 10 minute
Today in History: July 7, Reagan nominates O’Connor for the US Supreme Court
The Denver Post - before 11 hour & minute
Suriname elects first female president amid economic uncertainty
Aljazeera - before 11 hour & 36 minute
Trump and Netanyahu to meet with prospect of Gaza peace deal on table
CBS News - before 8 hours & 19 minute
Traffic accident at Sharqiya governorate leaves 10 people injured
EGYPT INDEPENDENT - before 11 hour & 39 minute
Tourists ignored warning, entered River Swat via alternate route: report
The News - before 8 hours & 38 minute


Latest News

How Did Love Island USA's Nic React to Cierra's Exit Amid Racism Scandal?

1 minute

Wendy's Leak Suggests Spooky New Frosty Flavor Is Coming Soon

1 minute

Pearl Jam drummer Matt Cameron steps down from band after 27 years

before minute

Denise Richards’s husband, Aaron Phypers, files for divorce after 6 years of marriage

before 2 minute

Deion Sanders and Bill Belichick absent from College Football 26 video game

before 2 minute

Three Times Cheaper Than a Mac Mini, This 512GB Mini PC Is Almost Free for Prime Day

before 2 minute

US will try to deport Abrego Garcia before his trial, prosecutor says

before 3 minute

Garrett Crochet wants Red Sox ownership to ‘buy in’ at trade deadline

before 3 minute

US envoy hails Lebanon’s response to Hezbollah disarmament proposals

before 5 minute

Amazon Launches Big Apple AirPods Sale for Prime Day 2025

before 5 minute

Big 12 football: Texas Tech, Utah, Iowa State lead our 2025 preseason forecast

before 6 minute

The Message Trump’s Ukraine Weapons Pause Is Sending to Putin

before 6 minute

Burrow, Goff, Cousins on 'Perfection' in 'Quarterback' Season 2 Sneak Peek

before 6 minute

Direct Relief Sending Aid After Tragic Flooding in Central Texas

before 12 minute

Best deals for PC gamers today: Early Prime Day deals include AMD Ryzen and LG 1ms gaming monitor

before 12 minute