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RBA keeps rates on hold
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Interest rates will remain on hold for some time, the RBA expects. Photo: Shutterstock

RBA keeps rates on hold

Interest rates will remain at record-low levels until any economic recovery takes hold, but the Reserve Bank of Australia says the depth of the economic downturn may be less than previously expected.

RBA governor Philip Lowe today announced the official cash rate would remain at 0.25 per cent, a le…

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