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Australian Economic Outlook: US and AU interest rates

Australian Economic Outlook: US and AU interest rates 02:44
Australian Economic Outlook: US and AU interest rates

05 Apr 2016
Macquarie Group

The US Federal Reserve recently shifted its guidance for interest rate rises over the course of 2016. 

Macquarie's Australian Head of Economic Research, James McIntyre, says this has led to pressure on the Australian dollar and could dampen the economic transition from mining to non mining sectors.