RBA Left Cash Rate at 0.75%. Less Dovish on Growth Despite Headwinds

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RBA left the cash rate unchanged at 0.75%. To our surprise, policymakers appeared more upbeat on the economic outlook than we had anticipated. While acknowledging uncertainty to growth mainly driven by bushfires and China’s coronavirus, the members adopt a wait-and-see mode to the impacts. They also preferred to gauge the impacts of the rate cuts […]

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