Weak Aussie growth could see RBA turn dovish
GDP is at 1.5%, high enough to stave off recession and weak enough for the RBA to ponder rate cuts.
The RBA meets later in March to discuss its next move on interest rates.
Australian economic growth data released today increases the likelihood that the Reserve Bank of Australia has ended its tightening cycle and could move to cut rates later this year.
National accounts for the last quarter of 2023 show the economy grew at 0.2% for the quarter for an annual growth
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