What’s the next step for the Reserve Bank of Australia?
Low inflation figures make a rate cut “a done deal” says one economist – but not all so sure. With special feature audio.
Jason Walls Thu, 28 Jul 2016
Economists remain divided over whether the Reserve Bank of Australia will cut its interest rate next week after more rock-bottom inflation figures were revealed yesterday.
“[An interest rate cut] is pretty much a done deal,” says Capital Economics chief Aussie economist Paul Dales, adding that the
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