{"id":17657,"date":"2024-08-28T07:00:56","date_gmt":"2024-08-28T06:00:56","guid":{"rendered":"https:\/\/cambridgecurrencies.com\/?p=17657"},"modified":"2025-02-06T21:54:28","modified_gmt":"2025-02-06T21:54:28","slug":"australias-inflation-slows-boes-mann-speaks","status":"publish","type":"post","link":"https:\/\/cambridgecurrencies.com\/australias-inflation-slows-boes-mann-speaks\/","title":{"rendered":"Australia&#8217;s Inflation Slows, BoE&#8217;s Mann Speaks"},"content":{"rendered":"\n<h1 class=\"wp-block-heading\" style=\"padding-right:var(--wp--preset--spacing--40);padding-bottom:var(--wp--preset--spacing--40);padding-left:var(--wp--preset--spacing--40)\">Australia&#8217;s Inflation Slows, BoE&#8217;s Mann Speaks<\/h1>\n\n\n\n<p style=\"padding-right:var(--wp--preset--spacing--40);padding-left:var(--wp--preset--spacing--40)\"><strong>BoE\u2019s Mann Speech:<\/strong> Catherine Mann is a member of the Bank of England&#8217;s Monetary Policy Committee. She is participating in a panel discussion on economic research. This is happening at the annual Central Bank Research Association meeting in Frankfurt, Germany.<\/p>\n\n\n\n<p style=\"padding-right:var(--wp--preset--spacing--40);padding-left:var(--wp--preset--spacing--40)\"><strong>Australia&#8217;s CPI (July):<\/strong> The CPI came in at 3.5%, slightly lower than June&#8217;s 3.8%, but above the expected 3.4%. This indicates cooling inflation but suggests the Reserve Bank of Australia still has concerns.<\/p>\n\n\n\n<p style=\"padding-right:var(--wp--preset--spacing--40);padding-left:var(--wp--preset--spacing--40)\"><strong>Fed\u2019s Waller Speech:<\/strong> Fed Governor Waller spoke in Mumbai. He focused on payments technology. He did not provide new insights on future monetary policy.<\/p>\n\n\n\n<div class=\"wp-block-columns alignfull is-layout-flex wp-container-core-columns-is-layout-fcb79c7f wp-block-columns-is-layout-flex\" style=\"padding-right:var(--wp--preset--spacing--40);padding-bottom:var(--wp--preset--spacing--60);padding-left:var(--wp--preset--spacing--40)\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"padding-right:var(--wp--preset--spacing--40);padding-left:var(--wp--preset--spacing--40);flex-basis:100%\"><p>[exchange-rates_badge color=&#8221;#003E80EB&#8221; amount=&#8221;1&#8243; base_currency=&#8221;EUR&#8221; flag_type=&#8221;rectangular&#8221; decimals=&#8221;4&#8243; base_show=&#8221;on&#8221; code=&#8221;on&#8221; symbol=&#8221;on&#8221; after=&#8221;on&#8221; id=&#8221;1714229471&#8243; currency_list=&#8221;USD&#8221;]<\/p>\n\n\n\n<p style=\"padding-right:var(--wp--preset--spacing--40);padding-left:var(--wp--preset--spacing--40)\"><strong>EUR\/USD<\/strong> trades around 1.1149, showing a slight decline of 0.26% on the day.<\/p>\n\n\n<p>[exchange-rates_badge color=&#8221;#003E80EB&#8221; amount=&#8221;1&#8243; base_currency=&#8221;GBP&#8221; flag_type=&#8221;rectangular&#8221; decimals=&#8221;4&#8243; base_show=&#8221;on&#8221; code=&#8221;on&#8221; symbol=&#8221;on&#8221; after=&#8221;on&#8221; id=&#8221;1714229471&#8243; currency_list=&#8221;USD&#8221;]<\/p>\n\n\n\n<p style=\"padding-right:var(--wp--preset--spacing--40);padding-left:var(--wp--preset--spacing--40)\"><strong>GBP\/USD<\/strong> is holding at 1.3233, down 0.17%, with mixed signals from the UK economy.<\/p>\n\n\n<p>[exchange-rates_badge color=&#8221;#003E80EB&#8221; amount=&#8221;1&#8243; base_currency=&#8221;USD&#8221; flag_type=&#8221;rectangular&#8221; decimals=&#8221;4&#8243; base_show=&#8221;on&#8221; code=&#8221;on&#8221; symbol=&#8221;on&#8221; after=&#8221;on&#8221; id=&#8221;1714229471&#8243; currency_list=&#8221;JPY&#8221;]<\/p>\n\n\n\n<p style=\"padding-right:var(--wp--preset--spacing--40);padding-left:var(--wp--preset--spacing--40)\"><strong>USD\/JPY<\/strong> is up by 0.30% at 144.39, reflecting pressure on the yen due to Japan&#8217;s economic challenges.<\/p>\n\n\n<p>[exchange-rates_badge color=&#8221;#003E80EB&#8221; amount=&#8221;1&#8243; base_currency=&#8221;AUD&#8221; flag_type=&#8221;rectangular&#8221; decimals=&#8221;4&#8243; base_show=&#8221;on&#8221; code=&#8221;on&#8221; symbol=&#8221;on&#8221; after=&#8221;on&#8221; id=&#8221;1714229471&#8243; currency_list=&#8221;USD&#8221;]<\/p>\n\n\n\n<p style=\"padding-right:var(--wp--preset--spacing--40);padding-left:var(--wp--preset--spacing--40)\"><strong>AUD\/USD<\/strong> remains stable around 0.6788, reflecting slight movement after Australia\u2019s inflation data.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/cambridgecurrencies.com\/wp-content\/uploads\/2024\/08\/pexels-photo-8626754-1-edited.jpeg?ssl=1\" alt=\"\" class=\"wp-image-17663\"\/><\/figure>\n\n\n\n<p style=\"padding-right:var(--wp--preset--spacing--40);padding-left:var(--wp--preset--spacing--40)\"><strong>Commodities:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Gold<\/strong> is trading at $2,509.10 per ounce, down 0.64% for the day but up 5.38% over the month.<\/li>\n\n\n\n<li style=\"padding-top:var(--wp--preset--spacing--40);padding-bottom:var(--wp--preset--spacing--40)\"><strong>Crude Oil (WTI)<\/strong> is trading at $75.55 per barrel, with a small daily gain of 0.02%, reflecting concerns over supply from the Middle East.<\/li>\n\n\n\n<li><strong>Brent Oil<\/strong> is trading at $79.55 per barrel, barely moving with a 0.01% daily increase.<\/li>\n<\/ul>\n\n\n\n<p style=\"padding-right:var(--wp--preset--spacing--40);padding-left:var(--wp--preset--spacing--40)\"><strong>Political Moves:<\/strong><\/p>\n\n\n\n<p style=\"padding-right:var(--wp--preset--spacing--40);padding-left:var(--wp--preset--spacing--40)\"><strong>US Politics:<\/strong> The political landscape remains calm, with no major updates impacting the markets today.<\/p>\n\n\n\n<p style=\"padding-right:var(--wp--preset--spacing--40);padding-left:var(--wp--preset--spacing--40)\"><strong>UK Politics:<\/strong> No significant new developments today, with ongoing uncertainty around future economic policies.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Australia&#8217;s Inflation Slows, BoE&#8217;s Mann Speaks BoE\u2019s Mann Speech: Catherine Mann is a member of the Bank of England&#8217;s Monetary Policy Committee. She is participating in a panel discussion on economic research. This is happening at the annual Central Bank Research Association meeting in Frankfurt, Germany. Australia&#8217;s CPI (July): The CPI came in at 3.5%, [&hellip;]<\/p>\n","protected":false},"author":244711593,"featured_media":17665,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[97],"tags":[50519114,50519018,50519115,50518905,50519120,50518925,50518837,50518875,50519117,50519113,50519087,50518814,50519052,50519118,50518935,50518922,50519121,50518859,50519119,50518719,50519116],"class_list":["post-17657","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-insight","tag-australiacpi","tag-boe-2","tag-catherinemann","tag-centralbank-2","tag-centralbanking","tag-currencytrading-2","tag-economicdata-2","tag-economicoutlook-2","tag-economicresearch","tag-fed","tag-financenews-2","tag-financialnews-2","tag-forexmarket-2","tag-forexupdates-2","tag-globaleconomy-2","tag-inflation-2","tag-inflationtrends-2","tag-monetarypolicy-2","tag-paymentstechnology","tag-rba","tag-wallerspeech"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/cambridgecurrencies.com\/wp-content\/uploads\/2024\/08\/Inflation.png?fit=900%2C600&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pfpkhv-4AN","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/posts\/17657","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/users\/244711593"}],"replies":[{"embeddable":true,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/comments?post=17657"}],"version-history":[{"count":8,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/posts\/17657\/revisions"}],"predecessor-version":[{"id":28156,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/posts\/17657\/revisions\/28156"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/media\/17665"}],"wp:attachment":[{"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/media?parent=17657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/categories?post=17657"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/tags?post=17657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}