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Why the RBA shocked borrowers and held rates
Published 11 months, 2 weeks ago
Description
The Reserve Bank board has defied the expectations of investors, many economists and even the treasurer.
It’s not giving borrowers an interest rate cut this month, revealing a six to three split on the decision to keep rates on hold.
Today, the ABC’s business editor Michael Janda on whether the RBA is playing it too safe.
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Michael Janda, ABC Business Editor