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Australia's Interest-Rate Cut Fails to Lift Gloom About Economy

Published on: Tuesday 11 June 2019

Australia's Interest-Rate Cut Fails to Lift Gloom About Economy Westpac Banking Corp.’s consumer sentiment index fell 0.6% in June, while Australia & New Zealand Banking Group Ltd.’s weekly report showed a 2% drop, the lenders said Wednesday. Westpac noted that confidence was showing signs of strength in the lead up to the policy easing, but that fell away in the



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