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Examples
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"Unless the RBA is pushed by strong third-quarter CPI, they may be on hold for some time," said Matthew Johnson, economist at UBS.
RBA Surprises With Rate Decision James Glynn 2010
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So, if anything, one can truly say, without bias, that RBA is a thief.
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The next major hurdle for the RBA will be the release of first-quarter inflation data April 23.
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In the guise of Mandal commission they have created and implemented a reservation scheme in which all the upper castes are raking in the benefit of reservations in the name of a quaota called RBA, resident of backward areas.
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Valerie Morris and Judy Bekker of the RBA will be the facilitators.
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An Australian government report last week showed the average of two core measures of consumer prices closely watched by the RBA was a 0.3 percent gain in the three months through September, the smallest rise since the third quarter of 1997.
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"They've gone from debating whether to hike rates in August to firmly thinking rates are on hold in September and they are becoming more cautious about the global outlook," Redican said, referring to RBA policy makers.
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"In the unlikely event that something really terrible does happen then the RBA is the only central bank in the world that can materially cut rates," said Matthew Johnson, an interest- rate strategist at UBS AG in Sydney.
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McCrann, who has a mixed record on calling the RBA's policy moves, said a rate rise next week was a done deal since RBA chief Glenn Stevens had appeared on television on Monday to say rates had been too low, and could not stay at previous levels.
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McCrann, who has a mixed record on calling the RBA's policy moves, said a rate rise next week was a done deal since RBA chief Glenn Stevens had appeared on television on Monday to say rates had been too low, and could not stay at previous levels.
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