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Australia's central bank official Hauser just dropped an interesting take on economic priorities. The focus? Pumping up productivity by throwing more capital at new capacity building.
This kind of policy signal matters for macro traders. When central banks talk about boosting investment and capacity, it usually hints at their growth outlook and potential rate trajectory. More investment typically means they're eyeing sustained expansion rather than immediate tightening.
For risk assets including crypto, these dovish-leaning productivity plays often correlate with looser financial conditions down the line. Worth watching how this narrative develops alongside their inflation data.