On Wednesday (May 29), the Australian Monthly Inflation Indicator will impact the buyer demand for the AUD/USD. Economists forecast the Monthly CPI Indicator to fall from 3.5% to 3.4% in April. Hotter-than-expected inflation numbers could refuel investor expectations of an RBA interest rate hike. In the recent RBA press conference, RBA Governor Michele Bullock discussed the importance of taming inflation. Significantly, the RBA Governor warned that the Board would prioritize tackling inflation over easing pressures on households. An interest rate hike would raise borrowing costs and reduce disposable income. Downward ... (full story)