- The Australian Bureau of Statistics released official data on the national economy, monitoring CPI and inflation rates, which impacts global oil prices and market stability in the Middle East.
- Core inflation increased above the RBA target band, based on data released by the Australian Bureau of Statistics.
The RBA is maintaining a tight monetary policy due to persistent inflation, which is now influencing currency markets like AUD/CAD.
3 reports, 3 independent
Updated Sep 21
Gone quiet
- Reports
- 3
- Developments
- 2
- Repetition
- 33%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
The RBA is maintaining a tight monetary policy due to persistent inflation, which is now influencing currency markets like AUD/CAD.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Stagflation pressures are compelling the RBA to consider raising interest rates.1 source
Hotter inflation keeps RBA tightening live, pushing AUD/CAD markets.1 source
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The entities involved
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RBA
Spanish media enterprise
Related events
- Ian Harper acknowledged the Reserve Bank of Australia's surprise regarding current inflation levels.
- The Reserve Bank of Australia is factoring in new consumer spending data when assessing current inflation risks in the country.
- Deutsche Bank analyzed the impact of the RBA's monetary policy decisions on economic forecasts.
- RBA tightening cycle influences bank rates, leading to falling home values and lender competition in Sydney and Melbourne.
- Goldman Sachs and RBA provided new forecasts on inflation and rate hikes.