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RBA 'Prudently' Hold Rates At 1.75%

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jul 5, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    On the closing paragraph of the statement we see a return of the word 'prudent' and the mention of the 'period head' to suggest a rate cut may have been a closer call than we originally envisaged. Expectations of inflation are quite low and the RBA revised their forecast for[​IMG]

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