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Australia’s Treasurer Chalmers says rising interest rates are impacting on economic growth

Eamonn Sheridan
07/06/2023 | 02:23 GMT

Australian Treasurer Chalmers remarks following the GDP data for Q1 published earlier:

  • Australian data: Q1 GDP 0.2% q/q (expected 0.3%)

Says growth momentum is waning

  • Rising interest rates clearly having an impact

Sorta obvious.

chalmers 28 July 2022

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