Australia’s GDP Growth Slows to 1.5%, Bringing Rate Cut Closer
Reading Time: 3 minutesAustralia’s economy is growing at its slowest pace in over 30 years, outside of the pandemic period, which could pave the way for an interest rate cut in the near future. According to the Australian Bureau of Statistics, the nation’s gross domestic product (GDP) increased by just 0.2% in the June quarter and by 1.5% […]