One down, more to follow?BY BENJAMIN ONG | WEDNESDAY, 3 SEP 2008 8:40AMThe Reserve Bank of Australia (RBA) delivered on market expectations and cut the official cash rate by 25 basis points to 7.0 percent. The ink on the RBA's decision has barely dried but markets were at it again, expecting another quarter of a percent reduction next month. |
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Featured Profile
Brian Redican
CHIEF ECONOMIST
NEW SOUTH WALES TREASURY CORPORATION
NEW SOUTH WALES TREASURY CORPORATION
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