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NAB has revised its RBA call and expects the....>

RBA
RBA: NAB has revised its RBA call and expects the central bank to reduce its
cash rate to 0.75% in Nov. NAB comments:
- "We would not rule out the possibility of alternative monetary action in early
2020, in addition to further rate cuts, if the economy remains very subdued, but
have not put it into our projections."
- "We think action to combat the slowdown in the economy and reduce unemployment
will involve a third rate cut and fiscal stimulus, with possible consideration
of other options down the track if these polices fail to have much effect."

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