Australian CPI came in at 0.4% q-o-q headline vs. an expected 0.5%, and in y-o-y terms it was down from 2.1% to 1.9% and once again the ever-optimistic RBA finds itself with headline inflation below its 2-3% target band despite everything looking sunny, as far as it is concerned, explains the research team at Rabobank. Key Quotes “Moreover, the trimmed mean measure was 0.4% q-o-q and 1.8% y-o-y, down from 1.9%, and the weighted median was 0.3% and 1.7%, down from 1.9%. That’s three different servings of the same humble pie. Don’t expect any changes from the RBA, however. Their economic projections are all written by the kind of teenagers that wander off alone into haunted houses.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD: Stay Short AUD/JPY M-Term Despite A Timid Reaction To Risk Aversion – SocGen Yohay Elam 4 years Australian CPI came in at 0.4% q-o-q headline vs. an expected 0.5%, and in y-o-y terms it was down from 2.1% to 1.9% and once again the ever-optimistic RBA finds itself with headline inflation below its 2-3% target band despite everything looking sunny, as far as it is concerned, explains the research team at Rabobank. Key Quotes "Moreover, the trimmed mean measure was 0.4% q-o-q and 1.8% y-o-y, down from 1.9%, and the weighted median was 0.3% and 1.7%, down from 1.9%. That's three different servings of the same humble pie. Don't expect any changes from the RBA, however. Their… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.