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RBA mins — about the AUD
Today’s RBA minutes strike me as a fairly easy document to approach. At their May meeting the RBA upset the majority of economists (and an even split of the market) by cutting 25bps to a fresh low of...
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Mitchell: lower AUD means RBA won’t cut
The AFR’s Alan Mitchell, who called the May cut as well as anyone, has a note out today saying that the RBA would not have cut 25bps to 2.75% on 7 May if the currency had been around the current level....
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