US EditionANZ Expects July Rate Cut by RBA
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ANZ Expects July Rate Cut by RBA
ANZ’s head of Australian economics, Adam Boyton, has announced that his team now anticipates the Reserve Bank of Australia (RBA) will cut the cash rate by 25 basis points at its upcoming board meeting next week. This revision comes as economists reassess key economic indicators and global uncertainties. Boyton highlighted several factors influencing the revised forecast, including a concerning six-month trend of weak retail sales and a stalled r…
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