Australia's Pre-Election Budget Largess May Temper RBA Rate Cuts [Yahoo! Finance]
Royal Bank Of Canada (RY)
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Source: Yahoo! Finance
Most Read from Bloomberg New York Subway Ditches MetroCard After 32 Years for Tap-And-Go Amtrak CEO Departs Amid Threats of a Transit Funding Pullback Despite Cost-Cutting Moves, Trump Plans to Remake DC in His Style LA Faces $1 Billion Budget Hole, Warns of Thousands of Layoffs NYC Plans for Flood Protection Without Federal Funds The fiscal blueprint he delivers needs to boost spending to ease cost pressures on disgruntled voters and offer them prospects for improvement under a second-term Labor government. Yet Chalmers must also contain the deficit to avoid potentially rekindling inflation and limiting further interest-rate cuts. Australia must hold an election by May 17 and the Labor government is almost neck-and-neck with the
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