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Cash rate more likely to fall than rise: PIMCO

The Reserve Bank of Australia (RBA) is more likely to cut the cash rate than raise it in 2015, according to PIMCO head of portfolio management in Australia Robert Mead.

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Read more: Australia Robert MeadUS Federal ReserveAussie dollarPIMCO headReserve BankEconomicsAugustEuropeFinancial StandardJapanJulyUS cents