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--RBA Accepted There Had Been A Strong Case For A Nov Cut
SYDNEY (MNI) - The Reserve Bank of Australia is prepared to cut official
interest rates again if needed to stimulate employment and a flow through to a
pick-up in consumption spending and inflation, the minutes of the Sept 5 policy
The minutes also showed the RBA Board accepted a "case could be made" for a
cut in November.
The full text of the Nov 5 minutes can be found here:
--MNI London Bureau; tel: +44 203-586-2225; email: firstname.lastname@example.org