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Entries from September 2009

Reserve Bank meeting – 1st September 2009

September 2nd, 2009 · No Comments

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 3.0 per cent. With considerable economic stimulus in train around the world, the global economy is stabilising after an earlier sharp contraction in demand. Downside risks to the global outlook have diminished, though they have not disappeared and most observers [...]

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