Reserve Bank of Australia (RBA) Chief Economist Sarah Hunter said early Thursday that “we agree with the Treasury forecast on inflation.”
Additional comments
CPI confirmed there was strength in some price sectors.
The RBA Board is clearly focused on inflation staying out of the band, clearly there is strength in inflation.
Wages growth in around its peak.
Market reaction
AUD/USD was last seen trading at 0.6607, down 0.06% on the day.
(This story was corrected on Thursday at 05:50 GMT to say that AUD/USD trades at 0.6607, not 6607)
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