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RBA becomes a lonely rate-cut candidate on Aussie growth doubts

For now, a mixed picture means central bank will likely hold benchmark rate at record-low 1.5% on Tuesday

Sydney

A MONTH can be a long time in economics.

Since the Reserve Bank of Australia's (RBA) last policy decision on May 2, market bets on an interest-rate cut by the end of this year have doubled. While that chance is still only about 20 per cent, swaps traders see Australia as one

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