It will likely take more than one quarter to undo the shock of the September quarter CPI. Two cash rate cuts expected, in May and August; a later start would induce additional easing. As flagged earlier in the week, the RBA is now expected to keep the cash rate on hold in November and December. […]The post Trick or Treat? Inflation Spooks RBA, Longer Wait for Cash Rate Cuts appeared first on Action Forex.