Australian Treasurer Chalmers
- says the market expects more Reserve Bank of Australia interest rate cuts after today’s inflation figures
- he doesn’t see anything in the data to substantially alter market expectations
Chalmers wants more rate cuts from the RBA, and, more importantly, he wants the voting public to expect the same and to give his government credit.
Australia votes on Saturday, Chalmer’s party is seen as holding a slight edge, but its very close.
This article was written by Eamonn Sheridan at www.forexlive.com.
