Australia is gearing up to release its quarterly Consumer Price Index (CPI), and if the numbers are underwhelming, it could reinforce the Reserve Bank of Australia’s (RBA) inclination to lower interest rates soon.
In our detailed analysis for Australia’s Q4 2024 CPI Report, we highlighted that both underlying inflationary pressures and the central bank’s core inflation metrics could play a crucial role in shaping the Aussie dollar’s trajectory post-announcement.
On my radar are the AUD/NZD and AUD/JPY currency pairs, which could be influenced if the inflation figures do not meet expectations.
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