RBC Capital Markets: Market pricing of RBA rate cuts "totally misplaced"

By CNBC | Sep 5, 2024 at 12:17 AM EST

Alvin Tan from RBC Capital Markets notes that Australia's slowing growth and high inflation will lead the RBA to adopt a gradual easing approach with rate cuts in 2023. He also mentions that the BOJ's potential rate hike could boost the yen in the long run, despite facing challenges.

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