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Lunatic RBA needs emergency 50bps interest rate cuts

March 13, 2019 - 00:13 -- Admin

Oh yeh. From Damien Boey at Credit Suisse: Our proprietary domestic demand tracker uses NAB survey capex intentions, along with consumer sentiment, housing sentiment, retail sales, credit, building approvals and the depth of the infrastructure spending pipeline. After updating for today’s data, the indicator remains in the doldrums, consistent with negligible growth in the non-mining

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