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Wednesday: Doubt grows RBA can cut next month

Published 5 months, 4 weeks ago
Description

US stocks soften and gold rises overnight as fears grow about a US Government shutdown. The Reserve Bank of Australia holds rates, and there’s renewed doubt about a cut in November. So the Aussie dollar rose against both the US dollar and Kiwi.

In our Deep-Dive interview, ANZ New Zealand Chief Economist Sharon Zollner says there was a hint of Spring in the latest ANZ Business Outlook for September.


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