RBA Governor Stevens Says Next Monetary Policy Move 'Almost Certainly' A Cut

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Nov 5, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Reserve Bank of Australia Governor Glenn Stevens explicitly said that the next monetary policy move is more likely to be an interest rate reduction than a hike. The South Pacific economy is undergoing a large growth transition out of mining boom, with monetary policy helping to rebalance the growth. Therefore,[​IMG]

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