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RBA Keeps OCR On Hold, Signals More Cuts Amid Weak Inflation

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Nov 3, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Reserve Bank of Australia refrained from slashing the official cash rate amid signs of an upswing in business morale, but signalled that subdued inflation gives scope to cut rates if needed. The RBA kept the benchmark rate at a record-low 2.0% for a sixth consecutive month. Financial markets are[​IMG]

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