Australia’s turn to enter the currency war?

Author: Eamonn Sheridan | Category: News

A post from the always interesting Sober Look blog: Australia’s turn to enter the currency war?

It argues that with the China slowdown weighing on the Australian economy, and US & Japan central banks conducting enormous monetary expansion that is placing upward pressure on the AUD, now is the time for the RBA to to ease monetary policy by lowering short term rates:

 It may be Australia’s turn to enter the currency war.

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