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MNI STATE OF PLAY: RBA Unlikely To Be Swayed....>

RBA
RBA: MNI STATE OF PLAY: RBA Unlikely To Be Swayed By Negative Risks
- The Reserve Bank of Australia is unlikely to be swayed by recent negative
developments relating to political uncertainty and a risk of wider mortgage rate
rises, instead focusing on stronger economic data that supports its gradual
progress narrative for the economy. The one-page statement following Tuesday's
board meeting is likely to err towards a positive tone, signalling a hold stance
for monetary policy, with a continuation of the guidance that the next move in
interest rates is more likely to be up expected to be recorded in the meeting
minutes due Sep 18.
- For full story see MNI Main Wire at 06:30 BST 09/03, or contact us for access.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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