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The Forum > Article Comments > Flexibility again the byword as RBA responds to deteriorating outlook > Comments

Flexibility again the byword as RBA responds to deteriorating outlook : Comments

By Saul Eslake, published 20/11/2008

The minutes of the November RBA Board meeting appear to point towards a further outsized reduction in the official cash rate at next month’s meeting.

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The economic sky is falling in globally evidenced by reports from countries everywhere. Meanwhile, Saul is trying to bore us to death with detailed discussion of interest rates etc. Shouldn't we be talking the about the coming stagflation leading to a likely long term recession and possible depression?
Posted by anzsa, Thursday, 20 November 2008 11:24:09 AM
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Ansza, I'm not sure what your problem is. Insight into future interest rate movements is quite valuable. Perhaps toxic for dinner parties; but if it doesn't bake your noodle, no one is forcing you to read it!
Posted by kroizyjack, Monday, 24 November 2008 4:40:30 PM
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