Five reasons why the RBA will probably cut interest rates again - Aspire Planning Group

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Five reasons why the RBA will probably cut interest rates again

As widely expected the RBA left interest rates on hold at their August Board meeting. While it appears to retain an easing bias with its assessment that growth is “below longer-term averages” and that the economy is likely to have “a degree of spare capacity for some time yet”, it appeared to soften this bias by removing its previous reference to a further fall in the $A seeming “both likely and necessary”.

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