# Aussie takes in stride slowing domestic inflation, bonds up - Markets - Business Recorder

> The Australian dollar held steady on Wednesday as October inflation slowed, an unexpected result, while Australian bond yields fell. Markets still expect the RBA to raise its cash rate by 25 basis points next week but trimmed their expected peak rate to around 3.6%.

- Date: 2022-11-30 · published 2022-11-30T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/38921-aussie-takes-in-stride-slowing-domestic-inflation-bonds-up-markets-business
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Softer rate expectations weaken the AUD and reduce pressure on the dollar-linked currency complex, with limited direct effect on feed commodity prices.

## Read by commodity

- AUDUSD: neutral

## Sources

- brecorder.com: https://www.brecorder.com/news/40211700

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