Birdwatch Note Rating
2024-04-24 12:59:27 UTC - HELPFUL
Rated by Participant: 487A7D7F64FDE15DF62A28E8C099341F97EC71D78A1FB98E3686D7868147FA97
Participant Details
Original Note:
Inflation is not free falling as suggested in this clip. The RBA looks at trimmed mean more than the headline figure. The trimmed mean rose by 1 pc. which is above the expected 0.8 pc. The AUD has risen on the release of the data, which suggests no rate cut in 2024. https://www.reuters.com/markets/australia-q1-annual-inflation-slows-less-than-expected-core-sticky-2024-04-24/#:~:text=A%20closely%20watched%20measure%20of,Sign%20up%20here.
All Note Details