RBA holds interest rates at record low, but scales back stimulus | The Business

RBA holds interest rates at record low, but scales back stimulus | The Business

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The Reserve Bank governor has reiterated his view that he doesn't expect to raise official interest rates before 2024, but has left the door ajar.
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The RBA is scaling back stimulus because of the strength of the economic recovery and will continue to pump money into the economy until at least mid-November, albeit at a slower pace.
Some economists warn the move could trigger earlier rate rises, as Stephanie Chalmers reports.

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