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VIEW: Barclays notes that "the central bank's...>

RBA
RBA: VIEW: Barclays notes that "the central bank's overall message, however,
remains dovish, with the door to further easing remaining open, if needed. The
statement noted that the effects of lower interest rates, and long and variable
lags in policy transmission kept RBA on the sidelines, but it is ready to ease
further if needed. Today's decision appears to have been driven in part by
positive global developments and a slightly weaker AUD, both of which appear to
give RBA some solace. Q1 20 to be the next move, subject to weaker domestic
data."
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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