Analyst: Trade risks are the reason for the Reserve Bank of Australia's downward revision of growth and inflation expectations.

Jin10 data, May 20 - Analysts from the financial website Forexlive: The Reserve Bank of Australia has lowered the cash Intrerest Rate, acknowledging progress on inflation but remaining cautious about future prospects. However, the RBA emphasized the risks surrounding trade policy and the potential drag on economic rise. This is the reason for its downward revision of growth and inflation expectations, which is also why the Australian dollar is under pressure.

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GateUser-d291e959vip
· 8h ago
Earn 1000 points, reduce position at the level of 106500 to lock in profits. Today's dip is not as smooth as yesterday.
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