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RBA keeps interest rates on hold, stuck between a slowing economy and surging house prices

Rebounding house prices have painted the Reserve Bank into a tight corner, potentially undermining the prospects of further interest rate cuts.

RBA keeps interest rates on hold, stuck between a slowing economy and surging house prices
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  • Shared by the ABC
  • December 04, 2019
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As expected, the RBA board, at its final meeting for the year, kept rates on hold at the historic low of 0.75 per cent.

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