Australian Q3 Inflation Runs Hot, Adding to Rate Risk
Reuters reports Australian inflation ran hot in the third quarter.
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12:37:09 AM UTC
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Australia inflation runs hot in Q3, adds to rate risk
12:56:00 AM UTC
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UPDATE 1-Australian inflation runs hot in Q3, adds to rate hike risk Updates with market reaction, d
12:56:05 AM UTC
SquawkNews
Australian consumer prices rose sharply in the third quarter as fuel costs rose again, while core inflation stayed uncomfortably hot and underscored market wagers for the year's fifth hike in interest rates.Coupled with hawkish comments from its central bank chief, the inflation data led markets t…