Archive for July 23rd, 2014

New Overnight Developments Abroad - Daily Update

Aussie Dollar Lifted by Higher-than-Forecast CPI

July 23, 2014

Australian consumer prices climbed 0.5% on quarter and to a nine-quarter high of 3.0% on year, which coincides with the 2-3% target ceiling.  The trimmed mean measure of core CPI inflation rose to 2.9% from 2.6% in the first quarter and final quarter of 2013.  There seems little chance of a further monetary policy easing, […] More