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Monday: RBA seen unlikely to cut until late 2024

Published 2 years, 6 months ago
Description

The RBA issued a monetary policy statement with a hawkish tinge on Friday, meaning a hike is more likely than a cut any time soon, says ANZ economists.

In part two of our bonus deep-dive interview, ANZ’s Head of Economics for Australia Adam Boyton explains why the NAIRU (Non-Accelerating Inflation Rate of Unemployment) is still falling, despite Covid’s supply shocks.


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