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RBA leave rates on hold "Rates appropriate for the time being"

David Banks - Tuesday, September 07, 2010

A sigh of relief as the RBA leave rates on hold for another month.  A rather relaxed statement from the RBA today appears to have us on hold for a few months longer.

At this stage it appears our own internal economic pressures will be determining the next rate shift as we have opened our wallets and purses while the private sector now start driving the economy forward again.

You can read the full RBA statement for a closer view on their position.

Join in the discussion and leave your comment on which way rates will go next.

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