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Australian GDP's unexpected 1.8% growth raises speculation on pause of interest rate cuts.
Australia's GDP grew 1.8% in the year to June, exceeding forecasts and raising concerns that this could lead to a pause in interest rate cuts.
Reserve Bank of Australia Governor Michele Bullock suggested that further growth could affect the timing of future rate cuts.
Despite this, analysts still anticipate two more rate reductions in the near future.
Consumer and business confidence surveys are expected to offer additional insights into the economy's health.
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El inesperado crecimiento del 1,8% del PIB australiano eleva la especulación sobre una pausa en los recortes de las tasas de interés.