ausbiz: Aussie Dollar to weaken as rate differentials bite
Category:Cross-Border
Updated:2023-04-28
In his latest interview with ausbiz, Peter Dragicevich, APAC Currency Strategist at Corpay Cross-Border Solutions, says his pipeline inflation indicator suggests price growth is about to slow rapidly and that the central bank is likely done hiking. Dragicevich also says he sees the Fed hiking again and maintaining its policy rate higher for longer than markets are pricing-in, with the Aussie Dollar likely to come under pressure as a result.
Watch the ausbiz video here: https://www.ausbiz.com.au/media/aussie-dollar-to-weaken-as-rate-differentials-bite
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