FXStreet (Bali) – JP Morgan has downgraded its Australian 2015 GDP forecast to 2.3% from 25%, while pushing the first RBA rate hike to H1 2017 from H2 2016.

JP Morgan has downgraded its Australian 2015 GDP forecast to 2.3% from 25%, while pushing the first RBA rate hike to H1 2017 from H2 2016.

(Market News Provided by FXstreet)

By FXOpen