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AAP
AAP
Business
Jacob Shteyman

Fast or gradual: RBA debate shapes rates outlook

Reserve Bank Governor Michele Bullock remains cagey on the timing of the next interest rate cut. (Dan Himbrechts/AAP PHOTOS)

Jobs data, not inflation, will determine how fast and how far the Reserve Bank will cut interest rates, a snapshot into its latest board meeting has revealed.

Minutes from the central bank's August meeting, released on Tuesday, confirmed more mortgage relief is on the way, but there's disagreement over how quickly it should happen.

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