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RBA Holds Steady But Aussie Rates Could Go Lower

posted by Avatar fx360 1089 days ago in USD, AUD, Daily made popular 1089 days ago

As expected, the Reserve Bank of Australia held rates steady at 3.00% but noted that it had room for further easing if the economy required additional stimulus. In his statement Governor Stevens noted that, “Monetary policy has been eased significantly. Market and mortgage rates are at very low levels by historical standards. Business loan rates
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