AUD/USD Forecast: Inflation Slide Signals Potential RBA Rate Cuts

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<p>In the fourth quarter, inflation in Australia hit a two-year low, coming in at 0.6%. Market participants have placed an almost 50% chance of the first RBA rate cut in May. Traders are gearing up for the conclusion of the FOMC policy meeting. The AUD/USD forecast on Wednesday was bearish as inflation in Australia fell,…</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2024/01/31/aud-usd-forecast-inflation-slide-signals-potential-rba-rate-cuts/">AUD/USD Forecast: Inflation Slide Signals Potential RBA Rate Cuts</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>