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RBA Governor Bullock: Must now preserve inflation down, nicely positioned to take action

  • Must now keep inflation down, well placed to do so.
  • Board ready to take further action if required.
  • This is a confidence cut in rates.
  • This is the right cut for now, more adjustments are possible.
  • Hearing from businesses that margins are being impacted.

more to come…

This article was written by Giuseppe Dellamotta at www.forexlive.com.

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