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Economy

RBA Cut The Cash Rate To 0.50%

The RBA has cut the Cash Rate down to 0.50%.

#RBA #Economy #HeiseSays

The RBA has cut the Cash Rate down to 0.50%. Will the banks pass it on and will it many any difference to the behaviour of consumers?

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References

Statement by Philip Lowe, Governor: Monetary Policy Decision

https://www.rba.gov.au/media-releases/2020/mr-20-06.html