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AAP
AAP
Business
Jacob Shteyman

Rate cut delay bolsters case for experts on RBA board

RBA Inflation Peter Tulip Bianca De Marchi Michele Bullock Warren Hogan
The Reserve Bank is being urged to rethink its softly, softly approach on interest rates. (Mick Tsikas/AAP PHOTOS)

As US mortgage holders celebrate a bumper 50 basis point interest rate cut, Australia's central bank is still weighing a rate hike as it struggles to control stubborn inflation.

That should give it pause to reconsider its softly, softly approach, says economist Peter Tulip.

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