AUD/USD Forecast: Australian Inflation Reaches Two-Year Lows

<div><img width="1024" height="531" src="https://www.forexcrunch.com/wp-content/uploads/2023/05/Screenshot_2-min-1024×531.png" class="type:primaryImage wp-post-image" alt="my AUD/USD price analysis forecast" style="margin-bottom: 15px;" decoding="async" srcset="https://www.forexcrunch.com/wp-content/uploads/2023/05/Screenshot_2-min-1024×531.png 1024w, https://www.forexcrunch.com/wp-content/uploads/2023/05/Screenshot_2-min-300×156.png 300w, https://www.forexcrunch.com/wp-content/uploads/2023/05/Screenshot_2-min-150×78.png 150w, https://www.forexcrunch.com/wp-content/uploads/2023/05/Screenshot_2-min.png 1486w" sizes="(max-width: 1024px) 100vw, 1024px" /></div>
<p>Australia’s consumer price index rose at an annual pace of 4.3% in November. The soft inflation reinforced the belief that there would be no need for further increases in interest rates. Fed funds futures suggest a 64% probability of the Fed easing in March. Despite signs of easing inflation in Australia, Wednesday’s AUD/USD forecast leans…</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2024/01/10/aud-usd-forecast-australian-inflation-reaches-two-year-lows/">AUD/USD Forecast: Australian Inflation Reaches Two-Year Lows</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>