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The New Daily
The New Daily
Business
Michael Pascoe

Michael Pascoe: RBA has already made the case for stopping its rate rises

The Reserve Bank board minutes released on March 21 made a show of officially agreeing “to reconsider the case for a pause at the following meeting, recognising that pausing would allow additional time to re-assess the outlook for the economy”.

Of equal intelligence, the minutes could have noted that members believe the sun tends to rise in the east, bears are said to defecate in the woods and the pokie machine lobby owns the NSW government.

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