Wednesday: A$ down after surprise RBA pause
Aug 01, 2023•13 min
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Episode description
The Australian dollar fell more than a cent or 1.6% to 66 USc overnight after the RBA paused its cash rate for a second month in a row, surprising markets and most economists, but not ANZ’s.
In our deep dive interview, we talk with ANZ’s Group Chief Economist Richard Yetsenga about why an Australian recession is now unlikely.
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