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Australian data - November private sector credit +0.5% m/m (prior +0.6%)
The data come via the Reserve Bank of Australia:
Apart from business credit all measures steady m/m. RBA rate hikes should have made credit-seeking less attractive, at the margin.
The trend seems to suggest so:
This article was written by Eamonn Sheridan at www.forexlive.com... Read More Posted: Dec 23 2022, 00:31
Author Name: forexlive
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