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VIEW: Wednesday saw ANZ note that they "now.....>

RBA
RBA: VIEW: Wednesday saw ANZ note that they "now see the RBA cutting 25bp in
August and November, taking the cash rate to 0.75% by year-end. Further support
for the economy is likely to be required in 2020, given the gathering global
uncertainties. We think the Bank will likely reach for tools other than the cash
rate, with explicit forward guidance the possible first choice. There is
considerable uncertainty about this, however, given the varying approaches that
other countries have taken to the zero bound for interest rates."
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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