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Thursday: Powell says 'wait and see'

Published 1 year, 11 months ago
Description

US jobs growth beat expectations overnight, but was offset by weaker services sector growth. Fed Chair Jerome Powell is in ‘wait and see’ mode on rate cuts this year. Gold is over US$2,300/oz this morning. Australian consumers expect higher inflation

In our bonus deep dive interview, ANZ Economist Krystal Tan looks at the inflation and interest rate outlooks across Asia for the rest of 2024.


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