After months of speculation, the Reserve Bank of Australia cut its benchmark rate this afternoon, capping off a week of key market developments. In recent days, new U.S. inflation data has surprised markets, contributing to a weaker U.S. dollar amid lackluster economic figures.
The podcast covers:
- RBA’s First Rate Cut Since 2020
- Surprise U.S. Inflation Jump
- Renewed Trade Tensions
- Mixed Australian Earnings
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