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RBA unlikely to raise rates for years, page-2

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TheGladiator

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11/05/15

18:40

Post #: 15257653
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Originally posted by hawkers ↑

Wasn't this what we have been saying? And the bears expect them to go back to 10% lol

http://m.theage.com.au/business/the...tes-for-years-economists-20150511-ggyvxe.html

Tuesday's cash rate cut by the Reserve Bank of Australia may have been the last last one in the current cycle of cuts, but that doesn't mean official interest rates are going to rise anytime soon.

Some economists say lift-off may for interest rates may be up to three years away.

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Rates cannot rise until the economy shows fundemental signs of improving. No evidence around to say that will happen anytime soon .
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