RBA Hikes Rates

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03-02-2010, 09:21 AM

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RBA Hikes Rates

We are in line with consensus in expecting the BoC will hold rates steady at 0.25%. Despite the strong economic data, including today�s Q4 GDP, which printed at 5.00%, the central bank is in no rush to unwind its accommodative position. That said, markets have been too complacent in believing...

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