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- Reserve Bank of Australia Governor Glenn Stevens: the central bank could cut its interest rate further
Reserve Bank of Australia Governor Glenn Stevens: the central bank could cut its interest rate further
The Reserve Bank of Australia Governor Glenn Stevens said in an interview with the Financial Review published Wednesday that the central bank could cut its interest rate further.
"The stated position of the board is that inflation is sufficiently low that, if it makes sense to ease a bit further to help the economy, then we can," he said.
He added that interest rate "can fall further if that's helpful".
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