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FNArena Alert: RBA Leaves Rates Unchanged

Australia | Mar 07 2007

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By Greg Peel

Despite fresh market volatility, it was never likely that the Reserve Bank would feel the need to tinker with monetary policy this month. We are currently in a holding pattern which may yet last some time, provided there are no more major reverberations from this latest financial scare.

The RBA does not provide an accompanying report to justify no move, but FNArena will take a look at (possible) economist responses later in the day.

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