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Hodges Real Estate

RBA Cash Rate Held – February

February 3, 2021 Uncategorised

The Reserve Bank Australia has locked in the historically low cash rate of 0.1% until inflation is back within the 2-3% target, which is expected by 2024 or after.

Australia’s economy is expected to recover to its pre-pandemic size by the middle of this year, much earlier than previously predicted.

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