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09-11-2008
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#1 (permalink) |
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Senior Member
Join Date: Dec 2006
Posts: 33,028
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Reaction - OCR move welcomed, big cut predicted next time
The scale of today's Official Cash Rate cut caught the market by surprise. Most were expecting a more modest 25 point (0.25pc) cut. Now, some are thinking the Reserve Bank will cut rates by another 50 points when it next looks at...
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