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Analysis: What prompted the RBA to hold fire?

The mystery about today’s Reserve Bank decision is just what has frightened the governor. Except for two brief lines recording that the cash rate remains steady, the rest of the official statement makes the case for the rise the markets were expecting.

The mystery about today’s Reserve Bank decision is just what has frightened the governor. Except for two brief lines recording that the cash rate remains steady, the rest of the official statement makes the case for the rise the markets were expecting.…

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