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RBA says we are in a W-shaped recovery, with housing one of the few concerns – The Conversation US
In its quarterly statement on the economy the Bank is at pains to suggest it won’t be lifting interest rates quickly.
The Reserve Bank has used Fridays quarterly assessment of the economy to declare that lockdowns have delayed but not derailed Australias recovery.
It says economic activity probably contracted 2.5% in the three months to September, but the December quarter…
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