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RBA maintains neutral stance
- June 2, 2010
- Posted by: admin
- Category: Finance News
No CommentsThe RBA kept its official policy rate unchanged at 4.5%, as unanimously expected. The bank now appears to have a neutral bias with the Governor delivering a balanced Statement to accompany the decision. The Statement focuses largely on developments in the global economy. Just one out of five paragraphs is devoted to Australian conditions. Events