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RBA Cut Rates To New Historic Low Of 1.75%

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 3, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The RBA finally pulled the trigger on a rate cut today to its lowest rate on record, sending the Australian Dollar tumbling across the board. Markets had been pricing in a rate cut having seen trimmed mean inflation fall unexpectedly to 1.7% (below the 2% threshold) last week. Thise who[​IMG]

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