ONLY CHARTS #323
BoE as RBA blueprint, Labour productivity, Business investment, Shipping costs
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1. This was from the Bank of England overnight after the MPC voted 5-4 to lower the policy rate 25bps to 4.25%.
Expect similar sentiment from the RBA Board in a couple of weeks.
2. Revisions to the Bank of England’s forecasts set the blueprint in our view for upcoming updates to the RBA’s forecasts.
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