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RBA's Edey: No insights on monetary policy or economy

FXStreet (Bali) - Malcolm Edey, Assistant Governor (Financial System) of the Reserve Bank of Australia, in a speech entitled "The Transition to Central Clearing of OTC Derivatives in Australia", offered little new insights into monetary policy or economic outlook.


"Interest-rate settings around the world are still at exceptionally low levels to support growth."

"Economies take a lot longer to recover from a financial crisis than they do from other types of downturn."

Brazil holds benchmark interest rate steady

Brazil held the benchmark interest rate unchanged at 14.25 percent, noting monetary policy to remain vigilant to meet inflation goal.
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Brazil Interest Rate Decision unchanged at 14.25%

Brazil Interest Rate Decision unchanged at 14.25%
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