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Reserve Bank poised to cut interest rates in June

Reserve Bank poised to cut interest rates in June

The Reserve Bank governor has given the strongest indication yet that interest rates will be cut in June.

 

  • Shared by ABC
  • May 22, 2019
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In a lunchtime speech to economists in Brisbane, Philip Lowe said the RBA had decided at its last meeting that inflation would not rise back to the 2-3 per cent target unless unemployment fell.

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