AUDCHF

Australian dollar / Swiss franc

Economists believe that the central bank of Australia will raise interest rates three more times. Then, starting from the middle of 2023,

The Australian government did many things during the 30-month trade rift with China. However, many exporters had great difficulties.

The Reserve Bank of Australia (RBA) led by Philip Lowe managed to accelerate wages growth for the first in a long time, while the country’s economy faced record levels of inflation over the last thirty years.

Australia should continue to tighten monetary and fiscal policy to help soften domestic demand and curb inflation expectations, the International Monetary Fund said.

According to a statement made by President of The Swiss National Bank Thomas Jordan, there’s a high possibility of another rate hike in December.