RBA easing slowly. More cuts “no lay-down misère”
NAB Morning Call
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Cautious Optimism on Inflation and Interest Rates
This chapter explores a recent speech by the San Francisco Fed president advocating for patience in addressing inflation, suggesting a restrictive policy until clearer progress is seen. The discussion also includes insights from another Fed official, highlighting a wait-and-see approach with the possibility of future rate cuts if conditions improve.
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