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RBA reduces GDP, inflation forecasts for 2015

It also predicts unemployment will rise, underscoring move to cut rates

Published Fri, Feb 6, 2015 · 09:50 PM

Sydney

AUSTRALIA's central bank lowered its 2015 growth and inflation forecasts and predicted unemployment will rise, underscoring this week's decision to cut interest rates. "Growth overall is now forecast to remain at a below-trend pace somewhat l…

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