- He wants to admit that some of the data has been softer than we expected
- We wanted to say that our ideas, our ideas are growing
- We are not saying what we could do but admitting that there is some immersion
- We are not saying that we have won the battle against inflation
- But we admit that things are developing as we think according to our predictions
On the main idea, it refers to the movement in the policy direction section as described here. Again, this is largely to open up the debate to cut rates in the near future and not a complete move towards cutting rates at the next step. AUD/USD is still pinned down 0.7% at 0.6393 currently.
This article was written by Justin Low at www.forexlive.com.
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