Commsec's Tom Piotrowski says the market is 'bracing for a soft reading' on economic growth over the course of the December quarter with Australian Bureau of Statistics set to release the national accounts on Wednesday.
Mr Piotrowski says there is a consensus that the economy will have expanded by 0.3 per cent, to come in at an annualised rate of 2.6 per cent, standing below the RBA's forecasts of full-year growth. Speaking with Sky News, Mr Piotrowski says the results are expected to spark discussion about whether or not the RBA is being 'too ambitious' with its full-year forecasts.
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