RBA's Bullock calls inflation 'unacceptably high' after hot CPI

RBA Governor Bullock called inflation "unacceptably high" after Australian CPI rose 4.3% y/y in September (est 4.2%), up from 4.0%, with Q3 CPI climbing 1.3% q/q and the quarterly trimmed mean at 3.7% y/y. AUD/USD rose 0.4% to $0.7053.

Detected & updated continuously · Source: Nebula