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Could the official cash rate go as low as 2 per cent?

 

The Reserve Bank’s decision this week to not increase the official cash rate has not surprised many, and some economists believe the official cash rate could be reduced as low as 2 per cent.

The graph in this article by Michael Janda  is particularly insightful, as is the article: http://www.abc.net.au/news/2013-02-05/reserve-bank-leaves-rates-on-hold/4501872

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