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ANALYSIS: Interest rate cycle h...

ANALYSIS: Interest rate cycle hitting bottom

The Reserve Bank aviary appears to house neither monetary hawks or doves – just penguins sitting pat despite today’s weak retail sales, focusing instead on the present low interest rates doing their stuff in the housing market and the world holding steady.

The Reserve Bank aviary appears to house neither monetary hawks or doves – just penguins sitting pat despite today’s weak retail sales, focusing instead on the present low interest rates doing their stuff in the housing market and the world holding steady.…

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