April 24, 2012 at 13:48 PM EDT
Aussie Inflation Falls, Dragging the Aussie Dollar Down
The Aussie inflation report that printed last night certainly is going to give my thought of no rate cut a lot of problems. Aussie first-quarter CPI rose just 0.3% from the previous quarter. The forecasts ranged from 0.5-0.6%, so the lower inflation is going to be the straw that stirs the drink for the Reserve [...]
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