{"id":618219,"date":"2026-09-08T13:16:10","date_gmt":"2026-09-08T13:16:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/618219\/"},"modified":"2026-09-08T13:16:10","modified_gmt":"2026-09-08T13:16:10","slug":"australian-dollar-rba-inflation-focus-underpins-carry-bbh","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/618219\/","title":{"rendered":"Australian Dollar: RBA inflation focus underpins carry \u2013 BBH"},"content":{"rendered":"<p>Brown Brothers Harriman\u2019s (BBH) Elias Haddad notes <a href=\"https:\/\/www.fxstreet.com\/currencies\/audusd\" data-fxs-autoanchor=\"\" rel=\"nofollow noopener\" target=\"_blank\">AUD\/USD<\/a> is holding above 0.7200 as Australian sentiment softens but inflation keeps the Reserve Bank of Australia (RBA) on alert. He highlights that trimmed mean Consumer Price Index (CPI) and stronger GDP support a 25 bps hike to 4.60% later this month, though the RBA may wait until November. Haddad also emphasizes Australia\u2019s attractive carry and strategic commodity exposure as key Australian Dollar (AUD) supports.<\/p>\n<p>RBA risks and carry support Aussie<\/p>\n<p>&#8220;AUD\/USD is holding above support at 0.7200. Australia consumer and business sentiment weakened in September and August, respectively, but inflation remains the RBA\u2019s chief concern.&#8221;<\/p>\n<p>&#8220;Assistant Governor (Economic) Sarah Hunter warned that \u201cif there is a sense that inflation\u2019s going to be stronger than we think in the context of our forecast, that the Board may well have to raise interest rates to tackle that.\u201d&#8221;<\/p>\n<p>&#8220;Australia trimmed mean CPI held at 3.6% y\/y in July, above the RBA\u2019s 3.3% year-end forecast. Meanwhile, real <a href=\"https:\/\/www.fxstreet.com\/economic-calendar\" data-fxs-autoanchor=\"\" rel=\"nofollow noopener\" target=\"_blank\">GDP<\/a> growth reached 2.1% y\/y in Q2, beating the RBA\u2019s 1.9% forecast. The data supports the case for a 25bps hike to 4.60% on September 29 (70% priced-in). Still, the RBA could wait until November 3, allowing it to assess both the August and Q3 CPI prints on September 30 and October 28, respectively.&#8221;<\/p>\n<p>&#8220;More broadly, Australia\u2019s attractive carry alongside the country\u2019s strategic exposure to commodities linked to energy, AI, and defense remain key AUD tailwinds.&#8221;<\/p>\n<p>(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. <a href=\"https:\/\/www.fxstreet.com\/info\/how-fxstreet-uses-ai?utm_medium=internal&amp;utm_source=ai-disclaimer\" rel=\"nofollow noopener\" target=\"_blank\">Know more.<\/a>)<\/p>\n","protected":false},"excerpt":{"rendered":"Brown Brothers Harriman\u2019s (BBH) Elias Haddad notes AUD\/USD is holding above 0.7200 as Australian sentiment softens but inflation&hellip;\n","protected":false},"author":2,"featured_media":618220,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60],"class_list":["post-618219","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/618219","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=618219"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/618219\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/618220"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=618219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=618219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=618219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}