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RBA to ease as Victoria drags jobs recovery – The Australian Financial Review

The handbrake on the jobs recovery saw Philip Lowe prepare financial markets for major easing, amid fresh calls from business and the Morrison government for Vi…

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“People are not at work in the numbers that they should be. People are subject to these very strict restrictions so my message to Daniel Andrews today is give Victorians back their freedom this Sunday,” he said.
The handbrake on the jobs recovery saw RBA governor Philip Lowe prepare financial markets for major easing, including long-dated bond buying and a possible cut to the official interest rate to 0.10 per cent from 0.25 per cent.
“It is reasonable to expect that further monetary easing wo…

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