(RBA) Monetary Policy Statement by Glenn Stevens, Governor - 2 March, 2010

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03-02-2010, 04:11 AM

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(RBA) Monetary Policy Statement by Glenn Stevens, Governor - 2 March, 2010

At its meeting today, the Board decided to raise the cash rate by 25 basis points to 4.0 per cent, effective 3 March 2010. The global economy is growing, and world GDP is expected to rise at close to trend pace in 2010 and 2011. The expansion is still hesitant...

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