Australian Treasurer Chalmers says there is a long way to go to beat inflation | Forexlive

Australian Treasurer Chalmers speaking after the CPI data published earlier today:

AUD – decline in inflation should be enough to keep the RBA on hold at their next meeting

Chalmers:

• says there is a long way to go to beat inflation
• inflation is moving in the right direction

AUD/USD update, clawing back some of the earlier loss: