QuoteDislikedAll eyes are now on this Friday's quarterly statement on monetary policy, where the RBA is expected to downgrade its inflation outlook and could lower its growth forecast.
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The latter, in the past, has been a precursor to rate cuts.
Tuesday's decision was widely expected, despite the surprisingly soft third-quarter inflation reading last week and credit tightening by Australia's four main lenders, who have been making investor mortgages more expensive.
Mr Stevens acknowledged recent mortgage rate increases by the four main lenders,...
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