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RBA Meets as Rate Hike Odds Fade, Aussie Sinks after CPI Data

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RBA set to keep rates on hold despite elevated inflation But latest CPI report raises hope that price pressures are easing A dovish pivot on Tuesday (07:30 GMT) could further devastate the aussie Lack of progress The Reserve Bank of Australia has barely made any progress on getting inflation down in 2024, with the monthly […]

The post RBA Meets as Rate Hike Odds Fade, Aussie Sinks after CPI Data appeared first on Action Forex.

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