Jan 21, 2025 (The Australian - ABIX via COMTEX) --
The Australian dollar fell sharply on Tuesday, after US President Donald Trump signalled that a tariff of 25 per cent could be imposed on imports from Canada and Mexico from the start of February. However, AMP's chief economist Shane Oliver says the recent downturn in the value of the currency is unlikely to influence the Reserve Bank's interest rate decision in February. Oliver contends that quarterly inflation data to be released in late January will be the key factor that the central bank will take into account..
Publication Date: 22 January 2025
AMP LIMITED - ASX AMP
RESERVE BANK OF AUSTRALIA
UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT
COMTEX_462064654/2229/2025-01-21T13:54:30
By Cameron Micallef
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