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Search resuls for: "Richard Yetsenga"


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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailANZ: not much downside to iron ore price as structural supply challenges offset demand weaknessRichard Yetsenga of ANZ sees upside to commodities prices, and discusses the challenges for Australia's economy and the RBA's interest rates trajectory.
Persons: Richard Yetsenga Organizations: ANZ
Economist discusses OPEC+ decision to cut oil production
  + stars: | 2023-04-03 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. can't get its own oil producers to increase production in any 'material way,' economist saysRichard Yetsenga of ANZ discusses OPEC+'s move to cut more than 1 million barrels a day of oil and says he's surprised that the United States is "retaining its strong rhetoric in the face of what OPEC is doing."
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailANZ economist "not that worried" of Japanese yen weakening to 150 against U.S. dollarRichard Yetsenga of the bank says Japan is not "into destabilizing currency territory yet."
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInflation is not 'behaving itself,' and the Fed has more work to do, says economistRichard Yetsenga of ANZ says that's despite the "doomers and gloomers" saying central banks are going "too fast, too hard."
That means increasing domestic demand, and that means getting domestic financial systems right," Yetsenga told CNBC on Thursday. The Chinese flag floats before the skyscrapers of multinational corporations on February 23, 2018 in Shanghai, China. "I think we all need to accept that China is slowing structurally — we use the word 'structural' and really, we mean 'permanently,'" he said. "My expectation is, we say goodbye to (6% growth), it's very unlikely we ever get back to (6% growth). I think this is a permanent slowdown in China," said Yetsenga.
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