Rate Cut On The Cards

06/02/2012
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The Reserve Bank board gathers tomorrow for its first monetary policy meeting of the new year and a decision on the official cash rate.

The RBA board has cut the cash rate by a quarter of a percent in both of its last two meetings, bringing official interest rates down to 4.25%.

Most economists believe we'll see another quarter of a percent cut this month.

 

Photo:Getty/Getty Images News
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