Look AUDUSD!
Softened the commitment to bringing inflation back down a bit from: “high priority" to: “board is committed”
The economy has now “deteriorated” instead of “outlook downgraded”
Inflation is now expected to increase further over the months ahead
Wage growth has picked up and is increasing briskly in some parts of the economy
Guidance changed from “expects further steps in the process of normalising monetary conditions” to “expects to increase interest rates further”, which implies that monetary conditions have been normalized and the interest rate is now somewhere near the neutral rate
The economy has now “deteriorated” instead of “outlook downgraded”
Inflation is now expected to increase further over the months ahead
Wage growth has picked up and is increasing briskly in some parts of the economy
Guidance changed from “expects further steps in the process of normalising monetary conditions” to “expects to increase interest rates further”, which implies that monetary conditions have been normalized and the interest rate is now somewhere near the neutral rate
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.