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    RBA market commentary - July 2025

    RBA market commentary - July 2025

    08 July 2025 Global macro

    In this video, Harvey Bradley, Co-Head of Global Rates Investment, delivers his short digest with these key points:

    • RBA surprise market by leaving rates on hold

    • Key reasons for the hold were labour market strength and being patient with inflation

    • Market continues to price cuts at the next 2 meetings - we think this is wrong
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