Original article by Jacob Greber
The Australian Financial Review – Page: 4 : 19-Aug-15
Reserve Bank of Australia’s minutes of the July 2015 board meeting suggest that the central bank is likely to continue to keep the official interest rate at its current record low. The fall in the Australian dollar of five per cent against the US currency in June 2015 is expected to stimulate exports. The central bank noted that low interest rates had led to house price inflation.
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