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RBA Discussed To Keep Rates On Hold

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 17, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Reserve Bank of Australia policy makers discussed keeping interest rates on hold at the May 3 meeting so they could await more information, but decided on balance that a cut then would help bring inflation to target over time. A 'broad-based' cooling of inflation pressures persuaded the central bank that[​IMG]

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