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RBA Keeps OCR On Hold, Signals Further Easing

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Dec 1, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    As widely expected, the Reserve Bank of Australia kept the official cash rate on hold at a historic minimum of 2% for the seventh consecutive month. Yet, the central bank left the door open for a further cut in 2016 to provide support to demand in case the necessity arises.[​IMG]

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