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Monday: US credit rating cut in focus

Published 10 months, 1 week ago
Description

US consumer confidence slumps, but markets are firm, hopeful the Fed can cut, but that may be a while off. Asian markets will watch key economic data from China today, and ANZ Research has lifted its New Zealand inflation forecast a bit.

In our deep-dive interview, ANZ’s Head of FX Research Mahjabeen Zaman takes a closer look at Moody’s downgrade of the US sovereign credit rating on Friday, due to high and fast-growing US Government debt.


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