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Dodgy RBA lifts Aussie markets

December 13, 2018 - 15:17 -- Admin

As John Kehoe observes today: The RBA’s fingerprints are all over the CFR statement, which says “an overly cautious approach by some lenders to incorporating relevant laws and standards into loan approval processes may be affecting lending decisions”. The result is that the bond market has gotten hosed today as it mulls whether the RBA can

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