Episode Details
Back to EpisodesWednesday: RBA cuts dovishly
Published 10 months, 1 week ago
Description
The Reserve Bank of Australia cuts 25 basis points, but considered a 50-point cut amid global uncertainty, sending the Aussie dollar down overnight. US stocks fall amid budget concerns. China cuts key lending rates, and Asian exports surge through April.
In our deep-dive interview, ANZ Head of Australian Economics Adam Boyton explains why he expects the Reserve Bank of Australia will next cut rates in August.
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