RBA’s Hunter: Agree with the Treasury forecast on inflation

Reserve Bank of Australia (RBA) Chief Economist Sarah Hunter said early Thursday that “we agree with the Treasury forecast on inflation.”

Additional comments

CPI confirmed there was strength in some price sectors.

The RBA Board is clearly focused on inflation staying out of the band, clearly there is strength in inflation.

Wages growth in around its peak.

Market reaction

AUD/USD was last seen trading at 6607, down 0.06% on the day.