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Bill Evans: RBA going absolutely nowhere

August 8, 2018 - 00:20 -- Admin

From Bill Evans at Westpac: As expected, the Reserve Bank Board decided to leave the cash rate unchanged at 1.50%. This represents the twenty-second consecutive meeting (last change in August 2016) that rates have been on hold. The previous longest run of steady rates was sixteen consecutive meetings in 1995/96. There were a number of

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