RICARDO'S BUSINESS> Stevens speaks> Rate bias shifts

Economists around the country are revising their forecastsfor interest rate moves following RBA Governor, Glenn Stevens address today.

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Mr Stevens noted some downside risks to the Australian economy and said that it is “useful to sit still” during periods of global turbulence when it comes to interest rates.



That's seen a number of experts around the country to either factor in interest rate cuts or at the very least, an extended period of no moves on the cash rate by the RBA.




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By Ricardo Goncalves
Source: SBS

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