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RBA's ability to influence inte...

RBA's ability to influence interest rates 'has diminished'

The Reserve Bank of Australia says the rate of house price growth in Sydney is "concerning", it now expects economic growth to remain "below-par" for longer than expected, and it believes unemployment will peak higher than first thought.

The Reserve Bank of Australia says the rate of house price growth in Sydney is "concerning", it now expects economic growth to remain "below-par" for longer than expected, and it believes unemployment will peak higher than first thought.…

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