Upbeat Reserve Bank leaves OCR unchanged
Interest rates will be lower for longer.
As universally expected, the Reserve Bank made no change in its Official Cash Rate (OCR) review.
It remained at 1.00% but market analysts said the tone of its announcement was more upbeat than expected.
While it stated, “There remains scope for more fiscal and monetary stimulus, if
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Nevil Gibson
Wed, 25 Sep 2019
Wed, 25 Sep 2019
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Upbeat Reserve Bank leaves OCR unchanged
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