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RBA’s Hunter: Agree with the Treasury forecast on inflation

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)

Author

Dhwani Mehta

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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