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Chief economist update: The back-to-back rate cuts Australia has to have

Expect more Reserve Bank of Australia snip, snip, snips to come our way for governor Lowe has just shifted the goalposts.

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Read more: Taylor RuleMonetaryBoardNAIRUAustraliaGov LoweAgustin CarstensBank of International SettlementsBig FourMorrisonReuters