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RBA Says Record Low Rates And Aussie's Weakness Support Growth

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Nov 6, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Reserve Bank of Australia reiterated its view that interest-rate reductions this year and the Aussie Dollar's depreciation are supporting growth, suggesting rates are likely to remain on hold. Nevertheless, the central bank said that recent inflation data provided room to ease monetary policy further if needed. Traders are pricing[​IMG]

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