JP Morgan Lowers Australian Economic Growth Estimates

MEMORIAL DAY FLASH SALE: 50% OFF BENZINGA PRO

As we honor our freedom, take a stand today. Secure the financial freedom that both you and your family deserve. Get exclusive market moving news for just 50% off. Claim your 50% discount here.

JP Morgan cut its estimates for Australian economic growth.JP Morgan now projects the country's economy to grow 2.7% in calendar 2012, versus its earlier forecast of 3.0%. The bank also lowered its growth forecast for 2013 to 3.0% versus 3.3%.

MEMORIAL DAY FLASH SALE: 50% OFF BENZINGA PRO

As we honor our freedom, take a stand today. Secure the financial freedom that both you and your family deserve. Get exclusive market moving news for just 50% off. Claim your 50% discount here.

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!