Economists at ANZ have pushed their expectations for a rate hike from the rbaa Reserve Bank of Australia out later
- To August 2020
- They cite the risks to the economy from falling house prices and RBA reluctance to hike while prices fall
- Add that they do not expect the RBA to cut to support house prices
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AUD has lost a few tics on the session, NZD a little softer alongside. USD/JPY is near its (small) session low … hence AUD/JPY a small lower
AUD/JPY:
