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VIEW: BNP Paribas write "the labour market......>

RBA
RBA: VIEW: BNP Paribas write "the labour market remains the key element
preventing the RBA from cutting rates. Still, forward looking indicators for
labour have been mixed and tight labour has not translated into higher inflation
yet. These elements weaken the case for keeping rates on hold, but we think the
RBA will wait until Aug '19 - barring unexpected shocks."
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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