RBA’s Bullock: Good reasons to think we are approaching peak of inflation
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Reserve Bank of Australia (RBA) Deputy Governor Michele Bullock said on Wednesday, there are “good reasons to think we are approaching the peak of inflation this cycle.”
The Australian Dollar came under renewed selling pressure on the above comments, knocking down AUDUSD nearly 20 pips to 0.6500 levels, at the time of writing. The pair is down 0.05% on the day.
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