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So initial RBA thoughts: not in overt hurry.....>

RBA
RBA: So initial RBA thoughts: not in overt hurry to do more after today's cut
(25bp to ELB), but lingo re: further easing now stripped back, simplifies move
if/when needed
- Will ensure that the Aus fin'l system has sufficient liquidity
- Still seems upbeat on domestic econ outside of virus impact, notes sig
uncertainty re: COVID19
- Also tipped its hat to fiscal matters: "The Australian Government has also
indicated that it will assist areas of the economy most affected by the
coronavirus."
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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