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VIEW: UBS note that "overall, the RBA's.........>

RBA
RBA: VIEW: UBS note that "overall, the RBA's unchanged GDP outlook - despite
hits from bushfires & Coronavirus - surprised. Hence, we delay the next 25bps
rate cut to April (was March) - after the RBA receives likely modest Q4 GDP, &
Feb retail sales indicating weak Q1 GDP. We still see another cut in June,
albeit the latter remains conditional on more global central bank easing and no
material fiscal stimulus. Governor Lowe's speech tomorrow is key."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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