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RBA Retains Easing Bias, Happy With Economy's Rebalancing Progress

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Mar 15, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    While weak inflation provides scope for further interest rate cuts, the Reserve Bank of Australia welcomed the nation's economy rebalancing. However, the central bank remained cautious amid signs that global volatility was impacting domestic demand. Minutes from the RBA's policy meeting showed that central bank retained easing bias in March,[​IMG]

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