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Rate cut unlikely despite oil slide

2015-01-08 05:41:54| Automakers - Topix.net

Economist Michael Blythe says the RBA would likely ignore the headline inflation figure when it next meets on interest rates. Photo: Lisa Maree Williams The Reserve Bank of Australia is likely to ignore the impact of lower petrol prices in the December quarter when it considers its next move on interest rates, says Commonwealth Bank of Australia's chief economist Michael Blythe.

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