Haidi welcome to daybreak australia. Im haidi stroudwatts in sydney. Paul we are counting down to Major Trading opens this hour with u. S. Stocks at alltime highs in the runup to fridays drop support with jay powell saying the fed is not far from the confidence needed to cut rates. Dovish signals too from the ecb with Christine Lagarde suggesting lowering borrowing costs us soon as june. Paul President Biden to deliver his state if the Union Election pitch making the case for his second term and a likely rematch with donald trump yet haidi a right decision crossing the bloomberg now with perot central bank leaving the reference rate on hold at 6. 25 . The forecast from Bloomberg Economics was a cut. Nearly all analysts in the survey saw the key rate falling to 6 . We saw inflation speeding to 3. 29 in february still above target. That expectation still that they would cut to the lowest level, more than 1. 5 years, that has not been carried through from the peru central bank. They left
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