Australian greenback marked decrease on CPI knowledge – RBA August fee reduce seems locked in

The Australian Q2 and June-month inflation knowledge is right here:

• Australia Q2 2025 Headline CPI 2.1percenty/y (anticipated 2.2%) Trimmed imply 2.7percenty/y (exp 2.7%)

The outcomes must be sufficient to lock in an Reserve Financial institution of Australia fee reduce at its subsequent assembly, August 11 and 12. A 25bp rate of interest reduce is extensively anticipated.

The one chilly water I might throw on that is that expectations had been practically unanimous for a reduce on the earlier assembly and the RBA didn’t comply, leaving the money fee on maintain. The standard spherical of suspects are sayin a reduce is assured this time although. Sadly I’m one in all them so I higher simply shut up now 😉

This text was written by Aaron Cutchburt at investinglive.com.