Australia’s Core Inflation Breaks Above RBA Target Midpoint
Yahoo! Finance
(Bloomberg) -- Australia’s core consumer prices surpassed the midpoint of the Reserve Bank’s 2-3% target for the first time since June 2014, a surprise that sent bond yields higher as traders boosted bets on earlier interest-rate hikes.Most Read from BloombergStocks Storm Back From 4% Rout to Close Higher: Markets WrapBiden Has ‘Great Meeting’ With European Leaders: Ukraine UpdateChina’s ‘Little Giants’ Are Its Latest Weapon in the U.S. Tech WarHong Kong Billionaire Loses Half Her Fortune on Chi
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