RBA Minutes: Board saw case for slower pace of increase in rates as becoming stronger
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Reserve Bank of Australia’s (RBA) September monetary policy meeting’s minutes showed that “all else equal, members saw the case for a slower pace of increase in interest rates as becoming stronger as the level of the cash rate rises.”
AUD/USD sticks to near-daily lows of 0.6717 on the dovish RBA minutes, losing 0.07 on the day.
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