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Why HSBC warns Aussies the Reserve Bank may not cut rates at all

Pelican Press

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Why HSBC warns Aussies the Reserve Bank may not cut rates at all

There’s an outside chance the Reserve Bank won’t cut interest rates at all in this cycle, according to economists at HSBC.

The warning marks a big change from 12 months ago, when many economists were arguing the RBA would lower rates this year. It’s also in sharp contrast with markets predicting a cut by February 2025



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