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RBA Leaves Official Cash Rate Unchanged
- September 6, 2011
- Posted by: admin
- Category: Budget, Enconomy, Finance News, Financial goals, Inflation, Interest rate, Wealth
No CommentsConditions in global financial markets have been very unsettled over recent weeks, as participants have confronted uncertainty about both the resolution of sovereign debt problems and the prospects for economic growth in Europe and the United States. As a result, the outlook for the global economy is less clear than it was earlier in the
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RBA SOFTENS ITS OUTLOOK
- July 5, 2011
- Posted by: admin
- Category: Finance News
At its meeting today, the Board decided to leave the cash rate unchanged at 4.75 per cent. The global economy is continuing its expansion, but the pace of growth slowed in the June quarter. The supply-chain disruptions from the Japanese earthquake and the dampening effects of high commodity prices on income and spending in