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RBA: Bushfires, coronavirus will temporarily weigh on growth

Following are the key headlines from the February RBA monetary policy statement (via Reuters):

To ease policy if needed to support sustainable growth.

Rates to remain low for extended period.

Will monitor developments in labor markets.

Lower cash rate has put downward pressure on A$.

Low rates are boosting asset prices which should lead to increased spending.

Scenario for Australian economy to grow by 2.75% this yr; 3% next year.

Central scenario for underlying inflation to be close to 2% in 2020.

AUD/USD rallies 30+ pips following no change in RBA Interest Rate

AUD/USD takes the bids to 0.6711 after the RBA leaves its benchmark interest rates unchanged during early Tuesday. The pair previously dropped amid fe
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AUD/JPY jumps above 73.00 after RBA maintains status quo

The bid tone around the Aussie dollar strengthened, pushing the AUD/JPY pair higher from 72.65 to 73.10 after the Reserve Bank of Australia (RBA) kept
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