RBA August minutes: Some further reduction in cash rate likely to be needed in coming year ...Middle East

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From the day of the cut:

RBA cuts cash rate by 25 bps to 3.60% in August monetary policy decisionRBA governor Bullock: There was no discussion of a larger rate cutRBA governor Bullock: We are focused on inflation and employmentRBA governor Bullock: The board is always data dependent This article was written by Eamonn Sheridan at investinglive.com.

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