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Labor prays for RBA rate cuts

January 3, 2025 - 00:05 -- Admin

The median forecast of 36 economists polled by The Australian Financial Review is that the Reserve Bank of Australia (RBA) will begin reducing the cash rate at its board meeting on 19-20 May. This is several days after the last possible date for a federal election. Financial markets are a little more optimistic, tipping rate

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