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RBA unmoved by growth slump, leaves rates on hold

The Reserve Bank of Australia left interest rates on hold for the 15th consecutive month on Wednesday amid the accelerating global economy.

Source: AFR

The Reserve Bank, shrugging off news that the Australian economy came to a virtual halt in recent months, took heart instead on Wednesday from an accelerating global economy and left interest rates on hold for a 15th consecutive month.

The big debate now surrounds when official rates will start heading higher again, although most economists say a

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