Skip to main content
Australia fails to curb inflation
Australia fails to curb inflation

Australia fails to curb inflation

Data on the movement of consumer price indices show that the Reserve Bank of Australia's monetary policy is not tight enough to curb inflation. In annualised terms, CPI is 7.8% compared to 7.3% a month earlier. The RBA may raise interest rates again to reach its inflation target. The AUD/USD pair may resume growth.

AUD/USD

Why to trade with Libertex?

  • access to a demo account free of charge
  • technical assistance to the operator 5 days a week, 24 hours a day
  • leverage up to 1:500
  • operate on a platform for any device: Libertex and Metatrader 4 and 5
  • no commissions for extractions in Latin America
Back

Experience the excitement of trading!

Try our risk-free demo account