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RBA Takes Rates to 4.25%. Will it Continue to Tighten?

posted by Avatar fx360 781 days ago in AUD, Daily made popular 781 days ago

For the fifth time since October of 2009 the Reserve Bank of Australia raised its benchmark rates to 4.25% - the highest level in G-20. In its post announcement communiqué the RBA stated,” With the risk of serious economic contraction in Australia having passed some time ago, the Board has been lessening the degree of monetary stimulus that was
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