AUD falls sharply as inflation data moves rate hike chances to zero | Finance Report | ABC NEWS
The Australian dollar fell sharply after unexpected inflation data had traders cancel their predictions of a June rate hike.
April’s inflation rate fell to 4.2%, down from 4.6% recorded in March.
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Read more here: https://www.abc.net.au/news/2026-05-27/asx-markets-business-live-news-may-27/106725674
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