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RBA Cash Rate November 2022: Rate Hike Again But When Will It Stop?

The Property Couch

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The US Economy Is Getting Slower

The Richmond Fed Manufacturing activity index fell to its lowest levels in more than two years in October. Retail sales were unexpectedly flat in September after an upwardly revised 0.4 rise in August, which was up from 0.3 in the first reading. The question still remains as they move into November and the Thanksgiving holiday season, will the US consumer respond to the online Black Friday, Cyber Monday sales? Time will tell us that story.

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