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Westpac on the RBA announcement - Prospects for November cut are remote

Discussion in 'Fundamental Analysis' started by ForexLive, Oct 4, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Bill Evans, chief economist at WPAC says of the Reserve Bank of Australia announcement and statement "a very clear neutral bias has been retained" In July this year the Governor changed June's neutral bias to an easing bias adopting the terms "over the period ahead further information should allow the Board to refine its assessment of the outlook for growth and inflation and to make any adjustment to the stance of policy that may be appropriate".

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