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Economists on the money: rates stay put

Staff Reporter 1 minute read

Despite speculation in some quarters, continued strong economic growth, low underlying inflation and a solid labour market have led the Reserve Bank of Australia (RBA) to keep interest rates the same – for now.

The RBA’s decision yesterday to keep rates stagnate was no surprise to global analysts from top banking institutions, who had ruled out a July increase in view of the looming Federal election.

 

Economists on the money: rates stay put
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