Rabobank Senior Macro Strategist Ben Picton says the Reserve Bank of Australia will potentially begin to ease monetary policy more aggressively.
“It’s no doubt about it, you can’t polish this one, it was a poor growth figure,” Mr Picton told Sky News host Ed Boyd.
“With the pullback in government spending in this quarter there was, maybe the safety net was removed a little bit for the economy.
“It maybe does put the onus back on them to some degree, to start to ease monetary policy a little bit more aggressively.”
