Forex News Australian 2Q inflation set to remain well outside RBA's target band, but may show some cooling from previous quarter, buoying RBA in its push to win war on price pressures; Dow Jones Newswires survey shows 2Q headline CPI to rise 1.2% from 1.3% in 1Q, core CPI to climb 1.1% vs 1.25%. Still, such on-year prices rises would be well beyond RBA comfort zone with headline CPI likely growing 4.25% from 4.2% last quarter, and core growing 4.4% from 4.25% last. Data out later.
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