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Did the RBA just make a rate cut hat-trick?

Did the RBA just make a rate cut hat-trick?

The Reserve Bank has revealed its monthly verdict on interest rates for August 2019, following two consecutive cuts in June and July.

  • Shared by MyBusiness
  • August 07, 2019
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Rather than make it three in a row, the RBA board opted to leave interest rates on hold at their record low of 1 per cent, in a bid to gauge the effectiveness of its previous cuts, as well as on the back of some encouraging economic data released over the past week.

Read more at MyBusiness

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