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Australia's economy shows signs of slowing, with GDP per capita down 0.2%, raising recession fears.
Australia's economic growth slowed in the first quarter of 2025, with GDP per capita falling 0.2%, signaling a potential recession.
Goldman Sachs and TD Securities predict interest rate cuts to support growth, with TD forecasting two reductions by year-end.
The Reserve Bank of Australia may revise rates as early as July to counter economic weakness, though policy will remain data-dependent to balance growth and inflation.
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La economía de Australia muestra signos de desaceleración, con un PIB per cápita inferior al 0,2%, lo que aumenta los temores de recesión.