# Australian dollar dips as slowing inflation argues for rate pause | Kitco News

> The Australian dollar dipped after monthly CPI slowed to 6.8% in February, below forecasts. Markets raised the odds of an RBA pause at its April 4 meeting and of rates having peaked at 3.6%.

- Date: 2023-03-29 · published 2023-03-29T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/37119-australian-dollar-dips-as-slowing-inflation-argues-for-rate-pause-kitco-news
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Lower inflation and expectations of a rate pause weigh on the Aussie currency, a minor input for Australian export competitiveness in grains and meat.

## Read by commodity

- AUDUSD: bearish ▼

## Sources

- kitco.com: https://www.kitco.com/news/off-the-wire/2023-03-28/australian-dollar-dips-slowing-inflation-argues-rate-pause

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.