Along with the falling dollar the decline in petrol prices is also easing pressure on the RBA
Along with the falling dollar the decline in petrol prices is also easing pressure on the RBA. The chart attached via AMP Capital show pump prices falling in line with the price of oil. The stimulus effect is estimated to be equivalent to a cut o between 25 and 50 bp.
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Livewire is Australia’s #1 website for expert investment analysis. We work with leading investment professionals to deliver curated content that helps investors make confident and informed decisions. Safe investing and thanks for reading Livewire.
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Livewire is Australia’s #1 website for expert investment analysis. We work with leading investment professionals to deliver curated content that helps investors make confident and informed decisions. Safe investing and thanks for reading Livewire.
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