Monday: RBA seen unlikely to cut until late 2024
Nov 12, 2023•10 min
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Episode description
The RBA issued a monetary policy statement with a hawkish tinge on Friday, meaning a hike is more likely than a cut any time soon, says ANZ economists.
In part two of our bonus deep-dive interview, ANZ’s Head of Economics for Australia Adam Boyton explains why the NAIRU (Non-Accelerating Inflation Rate of Unemployment) is still falling, despite Covid’s supply shocks.
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