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Quick take: - Little to rock the boat with......>

RBA
RBA: Quick take:
- Little to rock the boat with the easing bias maintained and a continued focus
on the "gentle turn" in the economy.
- 2021 inflation outlook looks to be slightly lower, albeit at the margin.
- '19 GDP projections to be nudged lower in Friday's SoMP, but that isn't a
surprise.
- Doesn't seem that the bank is any immediate hurry to ease again (in tune with
the recent scaling back of mkt pricing of recent weeks), but remains open to
developments in the local economy as well as those from further afield.
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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