AUD rises on inflation data pick-up as rate cut hopes fade | Finance Report | ABC NEWS
2:05
YouTubeABC News (Australia)
AUD rises on inflation data pick-up as rate cut hopes fade | Finance Report | ABC NEWS
The Aussie dollar has risen after the latest inflation data effectively ruled out another interest rate cut in December, and possibly further into 2026 as well. The ASX closed in positive territory, while the price of oil fell on reports of a Russia-Ukraine peace deal. Subscribe: http://ab.co/1svxLVE Read more here ...
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Inflation Explained
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