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RBA: 1.5% by mid next year - ANZ

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Oct 15, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Guatemala) - Cherelle Murphy Co-Head of Australian Economics at ANZ explained that they recently lowered their interest forecast to 1.5% by mid next year for the RBA.

    See here for recent AUD/USD analyses.

    Key Quotes:

    "We think further rate cuts will be necessary as concerns simmer about the unpredictability of international economic conditions, while the boost from housing starts to fade as the impact of the lower AUD on services trade lessens."
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