Our ANZ Chart Pack has been updated with the latest data and our analysis of recent developments.
Australia’s economy is struggling to gain momentum, while the recent rebound in activity in New Zealand increasingly looks like a false start. As the lull in activity lifts spare capacity, underlying price pressures should continue to ease in both countries. Accordingly, we think there’s a compelling case for the Antipodean central banks to cut rates further than most are anticipating.
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