{"id":429931,"date":"2026-04-29T09:40:05","date_gmt":"2026-04-29T02:40:05","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/04\/australian-dollar-flounders-after-higher-than-target-inflation-data\/"},"modified":"2026-04-29T09:40:05","modified_gmt":"2026-04-29T02:40:05","slug":"australian-dollar-flounders-after-higher-than-target-inflation-data","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/04\/australian-dollar-flounders-after-higher-than-target-inflation-data\/","title":{"rendered":"Australian dollar flounders after higher than target inflation data"},"content":{"rendered":"<div>\n<p>Data is here:<\/p>\n<ul>\n<li><a href=\"https:\/\/investinglive.com\/news\/australia-headline-and-core-inflation-above-rba-target-20260429\/\" target=\"_blank\" rel=\"follow\" data-article-link=\"true\">Australia headline and core  inflation above RBA target.<\/a><\/li>\n<li>Trimmed Mean (core) was 0.8% q\/q vs. 0.9% expected and prior 0.9%. <\/li>\n<li>March month headline 4.6% vs. 4.7% expected. <\/li>\n<\/ul>\n<p>This seems to be the narrative for the drip in the AUD.<\/p>\n<p>Australia&#8217;s Treasurer Chalmers says the Treasury expects inflation to peak at higher levels.<\/p>\n<p>RBA 25bp hike on May 5 is still live:<\/p>\n<p>                            This article was written by Eamonn Sheridan at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Data is here: Australia headline and core inflation above RBA target. Trimmed Mean (core) was 0.8% q\/q vs. 0.9% expected and prior 0.9%. March month headline 4.6% vs. 4.7% expected. This seems to be the narrative for the drip in the AUD. Australia&#8217;s Treasurer Chalmers says the Treasury expects inflation to peak at higher levels. [&hellip;]<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-429931","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/429931","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=429931"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/429931\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=429931"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=429931"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=429931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}